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OPEC+ approves further oil output increase as Hormuz exports start to recover

OPEC+ has agreed to a further increase in output targets from August, the group said in a statement...

BUSINESS NEWS July 05, 2026

OPEC+ approves further oil output increase as Hormuz exports start to recover

OPEC+ has agreed to a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil...

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OPEC+ has agreed to a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil...

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