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OPEC+ set for fourth oil quota hike since Strait of Hormuz closure, sources say

Posted on June 7, 2026
By CNBC
0 Views
1 min read

OPEC+ set for fourth oil quota hike since Strait of Hormuz closure, sources say

Seven members of OPEC+, which groups OPEC and allied producers including Russia, increased output quotas from April to June by almost 600,000 barrels per day.