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Story summary
- Two unidentified drones landed at BP (British Petroleum)–operated Rumaila oilfield in Iraq, prompting evacuation of foreign personnel.
- Iraq has cut oil production by 1.5 million barrels per day.
- Potential reductions could exceed 3 million barrels per day if tankers cannot access the Strait of Hormuz.
- Rumaila has a production capacity of 1.1 million barrels per day.
- The ongoing conflict in Iran is impacting Iraq's ability to export crude oil.
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