U.S. Oil Output Hits Record 21.1 Million Bpd as Iran Tensions Renew Supply Fears
Updated
Updated · Fox News · Jul 12
U.S. Oil Output Hits Record 21.1 Million Bpd as Iran Tensions Renew Supply Fears
1 articles · Updated · Fox News · Jul 12
Summary
U.S. oil production reached a record 21.1 million barrels a day in 2025, nearly matching the combined output of Saudi Arabia and Russia, according to the Energy Institute's latest world energy review.
The report lands as recent Iran strikes refocus markets on the Strait of Hormuz, where about 20 million barrels of oil and one-fifth of global LNG move each day.
Fossil fuels still supplied 86% of global energy use in 2025 even as renewable power grew at a record pace, showing how exposed the world remains to oil and gas disruptions.
The U.S. also stayed the top natural gas producer and leading exporter of petroleum products, reinforcing the Trump administration's case that higher domestic output can cushion price shocks and bolster energy security.