Iran Conflict Poses Rewards and Risks for OPEC+
Saudi Arabia and allies may use the crisis to speed up more output hikes, while a besieged Tehran could target shipping lanes.
The Shahran oil depot in Tehran burns after a June 15 Israeli attack.
Photographer: Getty Images
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Welcome to our guide to the commodities markets powering the global economy. Today, OPEC reporter Grant Smith assesses the potential implications of the Iran-Israel conflict for members of the producers’ group.
The conflict roiling Iran poses rewards and peril for fellow members of the OPEC+ oil cartel.