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OPEC+ approves fourth oil output quota hike since Hormuz closure

Seven members of OPEC+, which groups OPEC and allied producers including Russia, increased output quotas from April to June by almost 600,000 barrels per day.

This article was originally published by CNBC Top News and is republished here under license.

Seven members of OPEC+, which groups OPEC and allied producers including Russia, increased output quotas from April to June by almost 600,000 barrels per day.

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