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03 Jun

OPEC+ agrees to major oil output boost as energy crunch bites

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Cartel decides to add 648,000 barrels per day to market in July, up from 432,000 in previous months, amid intense pressure fueled by invasion of Ukraine

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Category: 
Israel & the Region
Saudi Arabia
US-Saudi relations
OPEC - Organization of the Petroleum Exporting Countries
Russian invasion of Ukraine
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