OPEC+ agrees to boost oil output even as US war on Iran disrupts shipments
OPEC+ has a history of raising oil output to cushion disruptions but analysts said the group currently has little spare capacity to add to supply.
Last updated: 2026-03-03 04:14:42 ET
OPEC+ has a history of raising oil output to cushion disruptions but analysts said the group currently has little spare capacity to add to supply.
It is unclear who is governing Iran, the fourth-largest oil producer in OPEC, after U.S.-Israel strikes killed Ayatollah Ali Khamenei.
OPEC+ has a history of raising oil output to cushion disruptions, but analysts said the group currently has little spare capacity to add to supply.
The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Ho...
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