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Why will April 27 be an important day for Iran?
short by Ashley Paul / on Thursday, 16 April, 2026
Iran produces 3.2 million oil barrels/day and exports 1.8 million barrels daily, with remaining daily production estimated to fill its storage within a fortnight from when US' blockade of Iranian ports began, FT reported. Thus, April 27 will be an important day for Iran, as it may have to decide to cut oil production. Iran's storage is already 51% full.
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