Iran Reduces Oil Production

The Iranian authorities have begun to decrease oil production volumes to prevent the overfilling of oil storage facilities as a result of the maritime blockade imposed by the United States.

Iran is undertaking the reduction of its oil production volumes. This decision is influenced by the maritime blockade imposed by the U.S., under which it is necessary to avoid the potential overfilling of oil storage facilities.

According to the Bloomberg agency, citing a senior Iranian official, the country has significant experience in dealing with similar situations. It is noted that even temporary blockages in drilling operations will not lead to a critical loss in oil production volumes.