Middle Eastern oil producers have slashed production by between 7 and 12 million barrels daily since the first strikes that the U.S. and Israel launched on Iran on February 28. Exports have been paralysed almost completely, and Iran is charging $2 million for…
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By Irina Slav - Mar 24, 2026, 5:00 PM CDTMiddle Eastern oil producers have slashed production by between … [+3897 chars]
