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OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets

sanctions_shadow_enforcement UTC: 2026-03-01 16:58:00

OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day (bpd) in April, opting for a cautious supply increase even as the U.S.-Israeli war on Iran disrupts shipments across the Middle East. The decision, confirmed in an official statement after the group...

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