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The Economic Times

Economy / The Economic Times

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6.2 mbd: Saudi Arabia reports lowest oil exports since 1990

Saudi Arabia's crude oil output significantly dropped last month to its lowest point since 1990. Renewed hostilities between the United States and Iran impacted the kingdom's export routes. This production slump illustrates the fallout of the prolonged Iran conflict on West Asia energy producers. Saudi crude exports also fell by about a third in August, according to data. The kingdom may have drawn down some inventories to meet market supply.

11 Sep 2026 12:13 am