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Middle East Oil Production news and market signals

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EIA: 600,000 Bpd Middle East Oil Could Stay Offline Through 2027

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EIA: 600,000 Bpd Middle East Oil Could Stay Offline Through 2027

The U.S. Energy Information Administration (EIA) projects that a significant portion of Middle East oil production, approximately 600,000 barrels per day, may remain offline through the end of 2027. This projection stems from prolonged disruptions related to the Strait of Hormuz.

August 12, 2026Published 1 hour ago