Saudi Oil Output Crashes to 35-Year Low Amid Ongoing Middle East War

Saudi Arabia's oil production has hit a 35-year low due to disruptions in exports caused by the ongoing Middle East conflict.

The latest data from various sources indicates that Saudi Arabia's oil output has decreased significantly, with some estimates suggesting a drop of up to 1 million barrels per day.

This development is particularly noteworthy as it comes at a time when global demand for oil remains high, and other major producers like the United States are also experiencing production constraints.