OPEC+ set for another oil output quota hike despite Hormuz closure, sources say
- Posted on May 2, 2026
- By CNBC
- 1 Views
- 1 min read
OPEC+ set for another oil output quota hike despite Hormuz closure, sources say
The output increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies.
