The cartels move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the worlds oil stranded by the effective shutdown of the Strait of Hormuz.
OPEC Plus to Boost Oil Production as Ceasefire in Iran Remains Elusive
The New York Times - 7 Jun 2026 13:12
The cartels move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the worlds oil stranded by the effective shutdown of the Strait of Hormuz.
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