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Energy Chief Says OPEC+ Should Consider Fragile Global Economy

OPEC+ should take into account the “very fragile” state of the global economy when deliberating deeper supply cuts during their upcoming meeting, the head of the International Energy Agency said Tuesday.

“It will be very important that the OPEC+ countries consider the very fragile global economic situation,” IEA Executive Director Fatih Birol said in an interview. “Some of their main clients are about to slide into recession.”