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OPEC+ boosts oil production as Gulf exports recover

6 Jul 2026, 10:11 GMT By editorial@africanews.com (Dominic Wabwireh)
OPEC+ boosts oil production as Gulf exports recover
Credit: editorial@africanews.com (Dominic Wabwireh)

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.