OPEC+ agrees to higher oil production ‘to support oil market stability’

Naijaonpoint_ng | 07-07-2026 09:21am |

After the Iran war choked off about a fifth of the world’s oil supply for several months, the world’s largest alliance of oil-producing nations agreed to increase its quota by another 188,000 barrels per day starting next month. Higher oil supplies can often translate to lower gas prices for consumers filling up at pumps. The

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