Chairman of the Iranian Parliament's Energy Commission says Iran's oil export is unstoppable; "The production in various oil fields of the country continues continuously and there is no special problem in the field of production"
The remarks from the Iranian Parliament's Energy Commission Chairman suggest a strong commitment to maintaining oil production and exports, signaling that geopolitical tensions affecting oil supply might not lead to significant interruptions.
Saudi Aramco CFO Al-Murshed says the company has a reserves base of about 250bln barrels of oil equivalent, around five times the combined reserves of international oil majors
Iranian Spokesman for the National Security Committee says Bahrain and the UAE are still on the wrong path, Al Mayadeen reports; "We will not allow the formation of the UAE-Israel axis in the region"
Chairman of the Iranian Parliament's Energy Commission says Iran's oil export is unstoppable; "The production in various oil fields of the country continues continuously and there is no special problem in the field of production"
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Saudi Aramco CEO Nasser says the company can reach its maximum sustainable oil production capacity of 12mln bpd within three weeks if needed
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This could put downward pressure on oil prices, especially if the market had been pricing in more production difficulties or potential sanctions in the region.
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