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OPEC oil output falls in August, Reuters survey shows

Source: reuters.com

Energy Markets & PricesGeopolitics & WarSanctions & Export ControlsCommodities & Raw Materials
OPEC oil output falls in August, Reuters survey shows

OPEC oil output fell in August, according to a Reuters survey, as Saudi exports suffered fresh disruption linked to the war in Iran and a U.S. blockade curtailed Iranian shipments. The supply losses could tighten crude markets and support oil prices, while raising geopolitical risk for energy-importing economies.

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