CNBC | Oil closes down 2.4% on extreme volume after Trump pulls US out of Iran deal CNBC Iran is OPEC's third-largest oil producer and currently exports about 2.5 million barrels a day. Renewed sanctions could crimp those shipments at a time when global oil supply and demand have essentially balanced out. That increases the risk that the ... Trump Ditches The Iran Nuclear Accord -- Here's What It Means For Oil Oil prices swing wildly after Trump announces exit from Iran deal Trump and the Iran deal: key questions for the oil market |