Norway's energy industry ordered a lockout next week that threatens to bring production to a halt in Western Europe's largest oil exporter and the world's number two gas supplier.
The lockout was announced almost two weeks into a massive strike by more than 700 North Sea oil workers over pensions which, according to employers' organisation OLF, has led to losses worth tens of millions of euros a day.
Crude prices rose on the news, which will halt production in the world's seventh largest oil exporter at a time when global supplies are already being hit by an embargo on Iranian oil.
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