OPEC+ agrees to boost oil output when Strait of Hormuz reopens

The war has effectively shut the Strait of Hormuz since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq.

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Apr 5, 2026 - 20:03
OPEC+ agrees to boost oil output when Strait of Hormuz reopens
The war has effectively shut the Strait of Hormuz since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq.
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