OPEC+ Responds to Hormuz Closure with Increased Oil Production
In light of the recent closure of the Hormuz Strait, OPEC+ has opted to raise oil production, leading to a notable surge in oil prices, which have now surpassed $125 per barrel.
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In light of the recent closure of the Hormuz Strait, OPEC+ has opted to raise oil production, leading to a notable surge in oil prices, which have now surpassed $125 per barrel.
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