First Squawk(@FirstSquawk):IRAN’S OIL PRODUCTION AND REVENUE SQUEEZE IS INTENSIFYING: IRAN HAS LOADED NO CRUDE OR CONDENSATE CARGO SINCE AUGUST 25, AND TANKERS LOADED SINCE MID-JULY HAVE BEEN UNABLE TO CROSS THE BLOCKADE LINE. NIOC HAS CONSEQUENTLY CUT PRODUCTION TO DOMESTIC REQUIREMENTS—BELOW 2 MILLION B/D THIS FALL AS SEASONAL DEMAND DECLINES.

First Squawk

@FirstSquawk

Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics

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First Squawk@FirstSquawk

2026.10.22 14:14

IRAN’S OIL PRODUCTION AND REVENUE SQUEEZE IS INTENSIFYING: IRAN HAS LOADED NO CRUDE OR CONDENSATE CARGO SINCE AUGUST 25, AND TANKERS LOADED SINCE MID-JULY HAVE BEEN UNABLE TO CROSS THE BLOCKADE LINE. NIOC HAS CONSEQUENTLY CUT PRODUCTION TO DOMESTIC REQUIREMENTS—BELOW 2 MILLION B/D THIS FALL AS SEASONAL DEMAND DECLINES.