US-Iran conflict's main beneficiary
The article shows that OPEC and key oil exporters are planning to cut oil production by 2.1 million barrels per day from May until the end of 2026, a move aimed at supporting prices amid rising demand and market volatility. This measure comes after data revealed that inventories increased by 3%, with member compliance with the production cut reaching 95%. These cuts are expected to stabilize oil prices and boost revenues for oil exporters, while markets will monitor their impact on the global economy—especially as global demand continues to grow and supply challenges persist.
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