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OPEC+ discusses oil output increase amid Middle East conflict.
OPEC+ plans to discuss a potential oil output increase, but officials say the move is largely theoretical due to the ongoing conflict in the Middle East.
The war has effectively closed the Strait of Hormuz, a vital shipping route, and damaged infrastructure in key producing nations like Saudi Arabia, the UAE, Iraq, and Kuwait.
This disruption has already removed about 15% of global supply, driving crude prices to near $120 a barrel.
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La OPEP + discute el aumento de la producción de petróleo en medio del conflicto de Medio Oriente.