Iranian oil exports fall to lowest level in six years, data shows

June 5th 2026
Iran's exports averaged about 209,000 bpd in May, Vortexa data shows, down sharply from 1.34 million bpd in April and nearly 1.9 million bpd in March.- Centrica Energy agrees gas supply deal with Peyto Exploration and Development Corp.
- Global oil inventories will slump to five-year low, IMF says
- MOL Begins First Commercial Gas Production at Azerbaijan’s ACG Field
- Kuwait Expects to Restore 70% of Oil Production Within Eight Weeks After Hormuz Reopens
- Russia’s Druzhba oil exports to Hungary, Slovakia back to normal levels in May, sources say
- bp Launches First Non-Associated Gas Production at Azerbaijan’s Giant ACG Field
- U.S. crude oil inventories drop sharply as imports decline: EIA
- Egypt’s US LNG Imports Drop by Nearly 50% in May
- Saudi Aramco Earnings Surge Despite Strait of Hormuz Supply Closure


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