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Iran Cuts Oil Output as Strait of Hormuz Blockade Strains Exports and Storage Capacity | Collector
Iran Cuts Oil Output as Strait of Hormuz Blockade Strains Exports and Storage Capacity
Yeshiva World News

Iran Cuts Oil Output as Strait of Hormuz Blockade Strains Exports and Storage Capacity

IRAN CUTS OIL OUTPUT AS U.S. BLOCKADE STRAINS EXPORTS •⁠ ⁠Iran has begun reducing oil production as a U.S. naval blockade in the Strait of Hormuz sharply cuts exports and rapidly fills storage capacity, according to a senior Iranian official. •⁠ ⁠Tehran is proactively curbing output to avoid hitting storage limits, using techniques developed over […]

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