OPEC+ has agreed to a modest production increase following the UAE’s exit, though supply remains constrained by ongoing disruptions in the Strait of Hormuz.
OPEC+ approves limited production increase after UAE departure
Monday, May 4, 2026

Monday, May 4, 2026

OPEC+ has agreed to a modest production increase following the UAE’s exit, though supply remains constrained by ongoing disruptions in the Strait of Hormuz.