The daily oil production rate in the United Arab Emirates has sharply decreased. This situation is mainly related to geopolitical conflicts with Iran and the temporary closure of the Strait of Hormuz.
The country's state oil company ADNOC was forced to temporarily suspend large-scale production. As a result, there was a reduction in energy supply in the international market, and the likelihood of oil prices rising increased.
Experts note that such sharp declines can affect regional and global economic processes, especially in energy-related sectors.
Read “Zamin” on Telegram!
Ctrl
Enter
Found a mistake?
Select the phrase and press Ctrl+Enter 
