OPEC+ boosts output amid post-war Hormuz tensions, analyst warns of Iran control
The segment discusses OPEC+ plans to raise output targets by 188,000 barrels per day from August, following prior hikes, as the Strait of Hormuz gradually reopens after the US-Israel-Iran conflict. It notes output drops during the war, Brent crude returning to around $70, and interviews analyst Alexander Hudeshanu on Iran's efforts to assert control over Hormuz traffic via mandated routes and incidents of ships being turned back.
Source: Al Jazeera English