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Home > World > UPDATE 1-OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

UPDATE 1-OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

Written By: Editorial Webdesk
Published: June 7, 2026 16:47:04 IST

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(Adds start time of meeting, paragraph 7) * OPEC+ likely to raise targets by 188,000 bpd from July, sources say * Hike would be the fourth increase in as many months * Most cannot meet targets due to

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