AI-generated summary
Before the war in February, Iran was exporting 1.94 million barrels of crude oil per day. Since then, exports have declined and oil stocks have fallen from 90 to under 30 million barrels. High gasoline and diesel prices have caused dissatisfaction among Donald Trump's voters in the United States.
The data on the September traffic of crude oil from Iran is preliminary, as it often takes nearly two weeks from the time Iranian ships leave the Persian Gulf to turn on their transponders.
Before the US and Israel started the war against Iran in February, Iran's export of crude oil was 1.94 million barrels per day, writes TT.
Even the oil stocks that Iran had time to replenish during the ceasefire are running out.
- In the latest report I saw, there are just under 30 million barrels of oil left, and it has decreased from 90 million, says Fredrik Meiton, head of the Foreign Policy Institute's Middle East and North Africa program.
Major global consequences
The high prices of petrol and diesel in particular have created great dissatisfaction among Donald Trump's voters, US media reports.
As a result, Trump has previously talked about a possible stop on diesel exports from the US to bring down prices.
As a result of the rising oil and diesel prices due to the wars in Ukraine and Iran, the G7 countries will now release up to 100 million barrels of oil and diesel from their reserves, several international media reports.
The release, which is being coordinated by the International Energy Agency, will take place over the next four months, according to G7 chairman and French President Emmanuel Macron.
The announcement comes after pressure from the Trump administration. Donald Trump himself writes on Truth Social that the release will take place "with immediate effect".
Hours after the G7 announcement, Trump announced that there will be no question of a diesel export stop.
Hear the Middle East expert's analysis in the video above.
AI outlook â possibilities, not facts
Oil and diesel prices will fall slightly over the next four months due to the release of reserves by the G7
Likely · Within months
The Trump administration will not implement a freeze on diesel exports from the United States
Very likely · Within hours

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