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Iran's oil production fell by nearly half from pre-war levels in October, dropping below the amount its refineries consumed before the war. Iran International reported the figures, which come from new International Energy Agency data and Iranian Oil Ministry data it reviewed. The drop leaves domestic refining needs unmet from national output, a sign of the economic strain on Iran's energy sector. The report did not describe any government response or policy change.

1 outlet · 1 article · first seen Nov 13, 9:45 PM ET

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