Energy

OPEC+ May 206K b/d increase neutered by Hormuz seal

Saudi, Russia, UAE plus 5 others upped May quota 206K b/d; Feb-end Hormuz blockade rendered symbolic. IEA flags 2026 supply avg -3.9mb/d outlook.

Primary sources · 2
Al JazeeraIEA
Related storylines
#2026-W14-03 · A single Hormuz shock closes the loop: energy, consumption, and monetary policy
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