Goldman Sachs Predicts Iran's Oil Output Decline

Goldman Sachs forecasts a 300,000 bpd drop in Iran's oil production to 3.25 million bpd by Q2, driven by U.S. policy changes and potential sanctions.

Artistic depiction of an oil rig silhouetted against a sunset, symbolizing the decline in Iran's oil
Goldman Sachs Predicts Iran's Oil Output Decline

Goldman Sachs expects Iran's oil production to drop by 300,000 bpd to 3.25 million bpd by the second quarter due to anticipated U.S. policy changes and sanctions.

Source