The National · 5 Jul 2026
Opec+ to raise output for fifth month in August amid uneasy US-Iran truce
Opec+ has agreed to increase its output for a fifth consecutive month in August owing to lower supply worries and falling oil prices, amid an uneasy ceasefire between the US and Iran. The seven core members of the bloc are to collectively add 188,000 barrels per day next month, the third straight mo
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