Wire2026 05 03Opec Agrees Third Oil Output Quota Hike Since Hormuz Closure
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Opec+ agrees third oil output quota hike since Hormuz closure

<p>Opec+ agreed on Sunday on a modest oil output hike for June, an increase that will remain largely on paper as long as the US-Israeli war on Iran continues to <a href="https://www.dawn.com/news/1992318">disrupt</a> Gulf oil supplies through the Strait of Hormuz.</p> <p>Seven Op

First seen · 12:13 PM UTCMay 3, 2026

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