OPEC+ considers larger oil output hike amid Mideast tensions

Despite expectations that oversupply would weigh on the market, oil prices have risen this year on fears that a conflict between Iran and the U.S. would disrupt Middle East supply through the Strait of Hormuz.

Feb 28, 2026 - 20:00
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OPEC+ considers larger oil output hike amid Mideast tensions
Despite expectations that oversupply would weigh on the market, oil prices have risen this year on fears that a conflict between Iran and the U.S. would disrupt Middle East supply through the Strait of Hormuz.

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