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

Analysts warn this is insufficient to offset potential Strait of Hormuz disruptions, which could cause oil prices to spike significantly when trading resumes.

Mar 2, 2026 - 14:30
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OPEC+ hikes oil production by more than expected following outbreak of Iran war
Analysts warn this is insufficient to offset potential Strait of Hormuz disruptions, which could cause oil prices to spike significantly when trading resumes.

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