1/

https://www.bloomberg.com/news/articles/2026-04-13/opec-output-suffers-record-plunge-as-iran-war-throttles-exports

" #OPEC #crude #production registered a record plunge last month by 7.88 million #barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait"

Win for #US #oil producers

2/

https://www.reuters.com/business/energy/opec-lowers-second-quarter-global-oil-demand-forecast-iran-war-2026-04-13

"OPEC on Monday lowered its forecast for world oil demand in the second quarter by 500,000 barrels per day"

Win for #US #oil producers and #China #solar #batteries #EV

BP hails ‘exceptional’ quarter for oil traders as Iran war stokes volatility

Energy shock unleashed by the conflict has left traders and refineries competing for available cargoes

Financial Times