united_states
OPEC+ agrees to boost output when Strait of Hormuz reopens
The Hill — 2026-04-06T21:05:36+00:00
A group of OPEC+ members met on Sunday and agreed to increase their oil output once the Strait of Hormuz is reopened. The plan is set to be implemented in May and the countries said they would plan to produce 206 thousand barrels per day, upon the waterway reopening, according to a press release....
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