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المشهد العربي
OPEC oil output drops amid Hormuz disruptions
The disruption in the Strait of Hormuz's supplies affected OPEC's oil production in August, with output decreasing by 900,000 barrels per day to reach 19.91 million barrels due to disturbances hindering flow, despite partial recovery in previous months. At the same time, seven countries from the OPEC+ alliance decided to keep their October production levels unchanged after previous gradual increases, in order to counteract the effects of the supply disruptions on the oil market.
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