Affected by the local situation, a giant oil field in southern Iraq announced the suspension of production.

Local time on the 3rd, the Iraqi Ministry of Oil issued a statement stating that the closure of the Strait of Hormuz has caused interruptions in international shipping, blocking oil tankers from entering the waters of the Persian Gulf. As a result, there is a shortage of oil tankers at the southern ports of Iraq, and the giant oil field of Rumaila in southern Iraq has announced a suspension of production. In addition, due to the regional situation, the Kurdistan Region in northern Iraq announced on the 3rd a suspension of oil exports from the Ikur district to the Jihan Port in Turkey.