OPEC Oil Production Falls to Historic Low as Strait of Hormuz Crisis Disrupts Global Exports 7 minutes read MARKETS OPEC Oil Production Falls to Historic Low as Strait of Hormuz Crisis Disrupts Global Exports Laffert May 12, 2026 0 OPEC oil output plunged to its lowest level in more than two decades as disruptions in the... Read More Read more about OPEC Oil Production Falls to Historic Low as Strait of Hormuz Crisis Disrupts Global Exports
