Tuesday, August 04, 2026

DD India

October 3, 2024 7:59 PM

OPEC+ could cushion Iran oil shock but not broader disruption

OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's facilities but the producer group would struggle if Iran retaliates by hitting installations of its Gulf neighbours. Iran fired hu...

Last updated on: 4th August 2026

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