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Supply Chain

Seven OPEC+ Producers Back Small June Quota Hike After UAE Exit

Analysts see limited market impact given war-related supply constraints.

Strait of Hormuz Stays Largely Closed, Raising Shortage Risk and Straining Aid

Oil Rebounds After Ukrainian Strike Damages Russia’s Novorossiysk Export Hub

Trump Administration Grants Chevron Six-Month License to Restart Venezuela Oil Operations

Israel Says It Killed IRGC Commander as Strikes Escalate with Iran