Where Data Tells the Story
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The current U.S.-Israel war with Iran marks the sixth out of major global oil supply disruptions since 1973, with production cuts reaching approximately 6.7 million barrels per day (bpd).
That figure is 40% worse than the 4.8 million barrels per day loss during Iran’s 1978-1979 revolution, which took months to stabilize.
Today’s visualization shows the trend of the biggest global oil supply disruptions in history.
For this data, we used historical reports and OECD oil production records.
It shows that five of the six major disruptions over 50 years originated in the Middle East.