OPEC+ Raises July Oil Output By 188,000 Bpd As Hormuz Disruption Keeps Markets On Edge
Last Updated:June 07, 2026, 7:55 PM IST OPEC+ will raise July oil quotas by 188,000 barrels per day, but analysts say Middle East tensions and Strait of Hormuz disruptions limit price impact and risk future oversupply. OPEC+ will raise July oil quotas by 188,000 barrels per day, but analysts say Middle East tensions and Strait…