Oil production in Iraq's semi-autonomous Kurdistan region (KRI) is at risk after a halt in northern exports has forced firms operating there to cease output or divert crude to storage, where capacity is limited.
An international arbitration ruling on March 23 prompted the shutdown of Iraq's northern crude oil exports through Turkey and sent oil prices back towards $80 a barrel.
France's fuel supplies have been disrupted by more than three weeks of strikes against the government's pension overhaul, with production halted at three of its seven refineries, reduced at two, and two others undergoing maintenance.
BP and Abu Dhabi's state oil giant on Tuesday offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion, making their entry into Israel's growing energy sector.