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Saudi Arabia cuts oil production by 20% after the shutdown of two offshore oil fields, including Safaniya.

Economic impact of the 2026 Iran war — Saudi Arabia cuts oil production by 20% after the shutdown of two offshore oil fields, including Safaniya. [https://www.reuters.com/business/energy/saudi-arabia-cuts-oil-output-20-

Published March 13, 2026· Updated October 28, 2026·1 min read

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Context: Economic impact of the 2026 Iran war.

Saudi Arabia cuts oil production by 20% after the shutdown of two offshore oil fields, including Safaniya. [https://www.reuters.com/business/energy/saudi-arabia-cuts-oil-output-20-8-million-bpd-amid-iran-war-sources-say-2026-03-13/ (Reuters)]

Event summary via Wikipedia Current Events (2026-03-13).