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Read More Energy Industry News TotalEnergies shuts down 15% of global output as Middle East conflict disrupts Qatar, Iraq, and UAE offshore production TotalEnergies confirms 15% of global output is offline across Qatar, Iraq, and UAE offshore as Middle East conflict escalates. Read why the company says an $8/b Brent rise offsets the 2026 cash flow loss. bySrinathMarch 15, 2026