UAE crude output falls by more than half as Hormuz closure forces shut-ins
Airfind news item
By Yousef Saba
Published on March 16, 2026.
The United Arab Emirates (UAE) saw its crude output fall by more than half due to the closure of the Strait of Hormuz amid the U.S.-Israel conflict. The UAE produced just under 3.4 million barrels per day in January, or over 3% of global demand. The shut-ins affected both onshore and offshore production. Saudi Arabia, OPEC's top producer, has cut its output by about 20%, while Iraq has reduced its output significantly. Total oil output cuts in the Middle East now stand at around 7 million to 10 million bpd, or 7% to 10% of worldwide demand.
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