OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz

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CityNews Montreal

VIENNA (AP) — Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment to “market stability.” The commitment from the seven countries, also including Algeria, Iraq, Kazakhstan, Kuwait and Oman, to raise [] The post OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz appeared first on CityNews Montreal.