Iran cuts oil output as storage nears capacity

Iran is cutting its oil output by 400,000 barrels a day as storage fills up and exports stall, amid ongoing diplomatic talks with the United States.

The Briefing Africa

May 8, 2026 · 00:21 · 5 min read

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Iran is cutting its oil output by 400,000 barrels a day as storage fills up and exports stall, amid ongoing diplomatic talks with the United States.

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