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OPEC+ delays oil production hikes into 2026, spiking prices amid geopolitical tensions.
Oil prices edged up Monday as OPEC+ reaffirmed its plan to delay production increases into early 2026 to prevent a supply surplus.
Uncertainty over U.S. actions against Venezuela’s oil sector, including former President Trump’s mention of closing Venezuelan airspace, added upward pressure.
In Europe, renewed fighting in the Russia-Ukraine war—marked by Ukrainian strikes on a Russian refinery and Black Sea tanker attacks—reversed earlier optimism about peace, boosting crude prices.
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La OPEP + retrasa los aumentos de producción de petróleo hasta 2026, aumentando los precios en medio de las tensiones geopolíticas.