Iran is not a major oil producer, but it still moves prices. Here's why

Oil prices rose Friday as President Donald Trump's renewed threats against Iran raise concerns about supply disruptions.Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million barrels per day and 9.5 million barrels per day, respectively, according to data from the U.S. Energy Information Administration and OPEC.Yet a recent wave of protests in Iran spurred by the ...