Giovanni Staunovo
- Oct 4
OPEC+ maintains November oil output targets as Gulf conflict keeps crude above $100
Seven key OPEC+ producers agreed to keep November crude targets unchanged, as regional fighting and shipping disruptions in the Persian Gulf hold physical supply below official quotas.
- May 27
Iran claims draft deal to reopen Strait of Hormuz; White House dismisses as 'fabrication'
Tehran says it has an unofficial framework to restore shipping and lift the US blockade, but Washington calls the report a 'complete fabrication' as oil prices tumble.