OPEC+ hikes oil production by more than expected following outbreak of Iran war

Key members of the OPEC+ oil cartel announced a greater-than-expected increase to production quotas on Sunday following US and Israeli strikes on Iran that triggered retaliation by Tehran across the Middle East. The eight-strong V8 (Voluntary Eight) group in the alliance, which includes key oil producers Saudi Arabia and Russia — as well as several [...]The post OPEC+ hikes oil production by more than expected following outbreak of Iran war appeared first on Digital Journal.
2026-03-01 12:47:20