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Iran’s Oil Boom Continues, Powered by Russian-Chinese Support

Summary by Oil Price
Despite ongoing international sanctions and the recent bombing campaign against it by Israel and the U.S., Iran is continuing its push the record levels of oil production it reached in 2024. According to official data and industry sources, last year saw the Islamic Republic produce around 4.3 million barrels per day (bpd) of crude oil, plus a further 725,000 bpd of other liquids, which marked a post-1979 Iranian Revolutionary record. Understanda…

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Oil Price broke the news in London, United Kingdom on Wednesday, October 15, 2025.
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