Iran Crude Oil Output Rises Amid Export Channel Reopening

Iran's crude oil production has experienced an increase in output following a temporary reopening of export channels and higher domestic consumption. According to estimates from Energy Intelligence, Iran produced around 2.275 million barrels per day in July, up from 1.879 million b/d in June.

The improvement is attributed to the lifting of some constraints on oil exports, allowing for increased production levels. However, it's essential to note that this increase is still below pre-blockade levels.