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iran-war-triggers-steep-drop-in-opec-oil-output
Iran War Triggers Steep Drop in OPEC Oil Output

Iran War Triggers Steep Drop in OPEC Oil Output

Last updated: April 14, 2026 4:48 am
By
Andrew Moran
1 Min Read
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Iran War Triggers Steep Drop in OPEC Oil Output

A simple map shows the Strait of Hormuz. Dado Ruvic/Reuters

Crude oil production among members of OPEC plummeted in March, the Vienna-based cartel said.

Output fell by 7.7 million barrels per day, to 20.79 million, according to the widely watched Monthly Oil Market Report, released on April 13.

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