Why Petrostates Are Selling Oil Below Cost

Oil prices have dropped 7 percent in a week, with Brent crude falling to $87 a barrel. But here's the puzzle: several OPEC+ members are openly selling below their own breakeven budgets. Lucas and Luna examine why petrostates from Saudi Arabia to Iraq are pumping at a loss—and how the looming Iran deal is reshaping the calculus. They unpack the breakeven data for key exporters, explain how fiscal pressure is driving production decisions, and ask whether this marks a permanent shift in OPEC+ discipline. A focused look at the economics of forced exports, not a broad oil market roundup. #Petrostates #OilPrices #OPECplus #IranDeal #BrentCrude #SaudiArabia #Iraq #FiscalBreakeven #GlobalTrade #EnergyMarkets #Geopolitics #Economics #CrudeOil #SupplyChains #MarketDiscipline #FexingoBusiness #BusinessPodcast #GeopoliticsAndMarkets Keep every episode free: buymeacoffee.com/fexingo