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economicMay 12, 2026
US expects Iran oil output to fall amid blockade
Summary
This is an entry from: Live: War on Iran has cost US $29bn so far US expects Iran oil output to fall amid blockade 12 May 2026 20:55 BST The US Energy Information Administration says Iran’s oil production is likely to decline as a result of the US blockade on its ports, signalling prolonged disruption to global supply.
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- CurrentsAPI
This is an entry from: Live: War on Iran has cost US $29bn so far US expects Iran oil output to fall amid blockade 12 May 2026 20:55 BST The US Energy Information Administration says Iran’s oil production is likely to decline as a result of the US blockade on its ports, signallin…
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