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flag OPEC+ raised oil output by 206,000 bpd to stabilize markets amid Middle East tensions.

flag OPEC+ has increased its collective oil output quota by 206,000 barrels per day, a move seen as a precautionary measure amid growing concerns over global supply disruptions due to escalating tensions involving Iran. flag The decision comes despite ongoing regional instability that has threatened key shipping routes in the Red Sea and Persian Gulf. flag The production boost exceeds expectations and aims to stabilize markets amid uncertainty over energy supply.

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