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Iran Oil Exports Collapse as Hormuz Disruption Enters Seventh Month
OilPrice.com·US · IR · AE·3 days ago
Saudi crude production fell nearly 23% in August, the lowest since 1990, as the US-Iran war disrupts Middle Eastern shipping. The drop reflects war-related supply losses, not a policy decision, and raises global supply concerns. Uncertainty remains over the duration and extent of the disruption.
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