OPEC+ is pushing its oil capacity review to mid-November as the Iran war scrambles expansion plans
OPEC+ has delayed its oil production capacity review until mid-November due to regional instability caused by the war in Iran. The assessment was intended to help the group establish production quotas for 2027.
Why it matters
Geopolitical tensions in the Middle East are directly impacting global energy policy and the long-term planning of major oil-producing nations.
The group had aimed to complete assessments of members' maximum…
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