Reuters

Energy, Oil & Gas

Opec production drops in April as Hormuz crisis hits exports: Reuters survey

Tue, 12 May 2026

A Reuters survey showed that oil output Opec fell to a more than 20-year low in April, dropping 830,000 barrels per day to 20.04 million bpd as Strait of Hormuz disruptions linked to the US-Israeli conflict with Iran hit exports.