OPEC+ approves further oil output increase as Strait of Hormuz...

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2026-07-05 23:00:04

OPEC+ approves further oil output increase as Strait of Hormuz exports recover

OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling due to the gradual reopening of

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