From the 1973 embargo to the Iran war, half a century of Gulf oil shocks shows how region's production has fluctuated
The current Iran war has triggered the deepest oil shock in modern history, surpassing disruptions from the 1973 embargo, the 1979 revolution and the 1990 Gulf War.
Iraq's post-2003 recovery stood as a remarkable turnaround, with production rising more than 250 per cent to a record 4.78 million barrels per day by 2019.
Kuwait suffered the most violent single shock, with production collapsing from 0.96 million bpd to just 0.18 million bpd in 1991 after its oil wells were set alight.
Iran has endured repeated cycles of sanctions-driven production collapses, with output fluctuating dramatically across four decades of international political and military upheaval.
