EnergyIraq leads March’s sharp decline in crude production.A simple map shows the Strait of Hormuz. Dado Ruvic/ReutersAndrew Moran4/13/2026|Updated: 4/13/20260:00Crude oil production among members of the Organization of the Petroleum Exporting Countries (OPEC) plummeted in March, the Vienna-based cartel said.Output fell by 7.7 million barrels per day, to 20.79 million, according to the widely watched Monthly Oil Market Report, released on April 13.
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