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opec+ plans june oil output rise despite hormuz blockade
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OPEC+ plans June oil output rise despite Hormuz blockade

OPEC+ is set to push forward with plans for a modest oil production increase in June, despite the ongoing U.S.-Iran war that has choked off key Gulf exports through the closed Strait of Hormuz, according to two sources familiar with the discussions. The...

By Mike Jerome Infante | 04 May 2026 | 2 min read
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