Iraq has suspended all crude oil exports via a pipeline to the Turkish port of Ceyhan from its semi-autonomous Kurdistan region as regional instability begins to choke critical energy infrastructure.
According to sources familiar with the matter, the shutdown has removed approximately 200,000 barrels per day of oil from the global market.
Producers in the region reportedly slashed output as a precautionary measure, citing the widening conflict across the Middle East.
While the pipeline…
