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Saudi Arabia boosts oil output to prepare for possible Iran conflict, aiming to stabilize markets.
Saudi Arabia is increasing oil production as a precaution ahead of possible U.S. military action against Iran, sources say, aiming to stabilize global markets if Iranian exports are disrupted.
The move, consistent with past responses to regional tensions, comes amid heightened U.S. military presence and President Trump’s consideration of strikes to pressure Iran’s nuclear program.
Iran, a major oil exporter, has threatened retaliation, raising concerns over the Strait of Hormuz, a critical shipping route.
Saudi Arabia, OPEC’s largest producer, may scale back output later to meet OPEC+ quotas if no conflict occurs.
No official confirmation has been issued by Saudi or U.S. authorities.
Arabia Saudita aumenta la producción de petróleo para prepararse para un posible conflicto con Irán, con el objetivo de estabilizar los mercados.