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Middle East Oil Markets on Edge: OPEC+ Hikes Production as Iran Conflict Threatens Strait of Hormuz Closure
The Digest: Key OPEC+ members have announced a larger-than-expected production increase of 206,000 barrels per day, set for implementation in April, citing a steady global economic outlook and healthy market fundamentals. The decision comes as US-Israeli strikes on Iran and Tehran's...- Nigeria News
- Article
- 2 min read
- oil price opec+ strait of hormuz
- Category: Business