Global Energy Report

Region

Middle East

The OPEC core around the Persian Gulf, plus the Strait of Hormuz, the chokepoint that roughly a fifth of the world's oil passes through.

Regional crude production

EIA STEO · Jun 2026

Saudi Arabia

7.14M bbl/d

▼ 26.4% YoY

Iran

2.80M bbl/d

▼ 13.8% YoY

Iraq

1.80M bbl/d

▼ 58.3% YoY

Kuwait

0.90M bbl/d

▼ 64% YoY

Trend lines: trailing 24 months (Jul 2024 – Jun 2026), quarterly ticks. Click a card to expand. Source: EIA STEO.

Country production from EIA STEO; basin outline from the USGS World Petroleum Assessment; prices are live.

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