OPEC+ boosts oil production as Gulf exports recover
6 Jul 2026, 10:11 GMT
By editorial@africanews.com (Dominic Wabwireh)
Credit: editorial@africanews.com (Dominic Wabwireh)
Source URL: http://www.africanews.com/2026/07/06/opec-boosts-oil-production-as-gulf-exports-recover/
Seven OPEC+ producers have agreed to increase oil production from August, signalling confidence that Gulf exports are recovering after months of disruption caused by the Middle East conflict. The move comes as shipping through the Strait of Hormuz gradually returns to normal.