President Donald Trump said Wednesday that the United States produces more than double the amount of oil produced by Russia and Saudi Arabia combined, a false claim that comes amid worries that the U.S. war against Iran is depleting strategic oil reserves.
“We’re producing right now more oil, by double, than Russia and Saudi Arabia combined,” Trump said during a Cabinet meeting. “There’s never been anything like that.”
The United States produces roughly 13.7 million barrels of oil per day, according to the Energy Information Administration, the Energy Department’s statistical agency. For the first quarter of 2026, Saudi Arabia produced an average of 9.4 million barrels a day and Russia yielded 9 million barrels per day, the International Energy Agency said in a report released this month.
Iran shut down the Strait of Hormuz after the U.S. and Israel launched attacks in February, causing oil prices to rise nearly 50 percent in the subsequent months. That has dragged up the price of gasoline and caused Republicans to fear voter anger over rising prices going into this year’s midterm elections.
