OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens
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Source: Zero Hedge
Published: 2026-04-06 06:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, World News
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Snippet:
With the world's attention glued to every headline out of Iran, it is understandable why today's OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it's not as if even OPEC+ could do much to offset the supply shock.
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