OPEC+ Raises Output Targets Again Amid Historic Supply Crisis, Marking Fourth Consecutive Increase
OPEC+ agreed on Sunday to its fourth consecutive monthly increase in oil output targets, even as the ongoing U.S.-Iran war continues to severely constrain actual production and exports from key members, creating the most significant global supply disruption in history. The group of seven core members — Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and […]
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