Lion and Sun flag of IranIran Revolution 26
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Norway's oil exports reached a record high of 57.4 billion kroner ($6.08 billion) in early 2026, up 67.9% year-on-year, as disruptions in the Strait of Hormuz positioned Norway as a key supplier for the UK and EU. Production hit 1.97 million barrels per day, with average oil prices at 1,014 kroner ($107.52) per barrel.

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@Visegrád 24: 🇳🇴 Norway's oil exports hit a record high amid the Iran war Strait of Hormuz disruptions caused a supply shock, positioning Norway as a key stability supplier for the UK and EU. Crude exports reac

@Visegrád 24: 🇳🇴 Norway's oil exports hit a record high amid the Iran war Strait of Hormuz disruptions caused a supply shock, positioning Norway as a key stability supplier for the UK and EU. Crude exports reac

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