OPEC+ agrees major oil output cut, Biden ‘disappointed’

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OPEC and its Russia-led allies agreed on a major cut in oil production to boost crude prices on Wednesday, irking the United States which warned that it would hurt countries struggling with soaring energy prices.

While the cut was not welcomed by the United States, several OPEC+ nations have struggled to meet their quotas in the first place.

Originally published as OPEC+ agrees major oil output cut, Biden ‘disappointed’


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