#strait-of-hormuz-disruption-risk

[ follow ]
#opec-production-increase #middle-east-geopolitical-tensions #oil-price-volatility #global-energy-markets
Miscellaneous
fromFortune
12 hours ago

OPEC+ to resume oil output increases as Iran conflict rages | Fortune

OPEC+ increased oil production by 206,000 barrels daily in April amid Middle East tensions, though the modest hike may prove insufficient to stabilize markets threatened by potential Strait of Hormuz disruptions.
[ Load more ]