OPEC+ Agrees to Modest Oil Output Boost Even as US War on Iran Disrupts Shipments

Summary OPEC+ agrees to raise output by 206,000 bpd US attacks on Iran kill Khamenei, Gulf oil flows disrupted Saudi Arabia and UAE have already raised exports, sources say OPEC has little spare production capacity, analysts say Hormuz needs to reopen for oil to reach markets, analysts say (Reuters) – OPEC+ agreed a modest oil … Read more