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MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
GeneralMarineLink·3 days ago

Iran Reduces Oil Production by 400,000 bpd, Further Cut Back Expected

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U.S. Energy Secretary Chris Wright said on Thursday that Iran appears to have cut back oil production by 400,000 barrels per day and is likely to reduce it more as its storage units fill."It looks like they've likely already cut back their production, maybe by 400,000 barrels a…