Trump says he's going to stop the sale of Iranian oil. Such a genius... Like you, cougar..
He will take 4 million bpd off the market and drive the price per barrel to $100 or more. Are you ready to pay $6 a gallon for regular?
As of February 2024, Iran's crude oil production was 4.026 million barrels per day (mb/d), which is up from 3.406 mb/d one year earlier.
However, Iran's oil minister, Javad Owji, has said that Iran is producing 3.4 mb/d, while OPEC and the International Energy Agency (IEA) estimated production at 3.1 mb/d in September 2023.
Iran's government has also stated that it plans to increase production to 4 mb/d, a level that Iran hasn't reached since before the US imposed sanctions in 2018. However, some domestic critics are skeptical