OPEC+ Set for Another Oil Output Quota Hike Despite Hormuz Closure, Sources Say
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LN24 / 6 hours
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The OPEC+ alliance is set to approve another modest increase in oil production quotas for June, pressing ahead with its supply strategy despite the ongoing closure of the Strait of Hormuz, one of the world’s most critical oil shipping routes, according to sources familiar with the matter. Planned Output Increase Continues “Business as Usual” Seven […]