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      TotalEnergies Maintains Stable Production Amid Middle East Conflict

      TotalEnergies, the French oil and gas company, announced on Thursday that it expects its production levels in the first quarter to remain stable, despite disruptions caused by the ongoing conflict in the Middle East. The company has faced challenges in the region but has managed to sustain its output.

      In early April, reports indicated that TotalEnergies capitalized on the situation by acquiring nearly all exportable oil cargoes from the Middle East that do not transit through the Strait of Hormuz. This strategic move has reportedly generated over a billion dollars for the company, allowing it to mitigate the impact of the regional instability on its operations.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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