OPEC+ sticks with plan to keep oil flow steady amid turmoil | Fortune
OPEC+ will pause planned supply increases through March amid a global supply surplus, low crude prices, and uncertainty from Venezuela's political upheaval.
FTSE 100 plummets amid Iran's threat to 'block' the Strait of Hormuz - London Business News | Londonlovesbusiness.com
Phillip Ingram warned on Sky News that should Iran close the Strait of Hormuz, there will be an enormous global 'economic shock.' He stated that such a closure would dwarf the economic effects witnessed during the Ukraine war.