{"id":2030585,"date":"2026-07-06T09:05:50","date_gmt":"2026-07-06T06:05:50","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2030585"},"modified":"2026-07-06T09:05:50","modified_gmt":"2026-07-06T06:05:50","slug":"opec-agrees-another-modest-output-rise-as-oil-prices-fall-back-to-pre-war-levels","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2030585","title":{"rendered":"OPEC+ agrees another modest output rise as oil prices fall back to pre-war levels"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/82\/65\/58\/1200x675_cmsv2_01e7c9e7-0524-5848-a42f-38906017b0de-9826558.jpg&#8221;]<\/p>\n<article id=\"abe-2907730-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2907730\" data-cid=\"9827401\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907730-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/74\/01\/189x106_cmsv2_a162004f-7554-5de7-bb47-481e4aeb829d-9827401.jpg\" loading=\"lazy\" alt=\"Infertility cases in women to hit 80 million by 2036.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Health news<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Infertility cases in women to hit 80 million by 2036, study finds\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907696-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2907696\" data-cid=\"9827220\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907696-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/70\/19\/189x106_cmsv2_9ea1995c-b722-5894-9448-95df4446b008-9817019.jpg\" loading=\"lazy\" alt=\"Tourists cool off at a public water fountain In Paris, Friday, June 26, 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Water<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Is France heading for a severe summer drought?\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907779-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2907779\" data-cid=\"9827608\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907779-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/76\/08\/189x106_cmsv2_207b6241-679e-5383-9147-1d5bf4932dff-9827608.jpg\" loading=\"lazy\" alt=\"File - Smoke rises over the city center after a Russian attack on Kyiv, Ukraine, Thursday, 25 June 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<div class=\"the-media-object__title  \">\n<p>    The five fastest-growing economies in Europe over the next five years\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907689-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2907689\" data-cid=\"9827189\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907689-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/71\/89\/189x106_cmsv2_6e91290a-5b46-5b69-9901-e78d489ef447-9827189.jpg\" loading=\"lazy\" alt=\"Far-right party National Rally president Jordan Bardella and far-right leader Marine Le Pen attend a rally in Lievin, northern France, 4 July 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    The verdict that could end Marine Le Pen \u2013 and launch Jordan Bardella\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907730-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2907730\" data-cid=\"9827401\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907730-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/74\/01\/189x106_cmsv2_a162004f-7554-5de7-bb47-481e4aeb829d-9827401.jpg\" loading=\"lazy\" alt=\"Infertility cases in women to hit 80 million by 2036.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Health news<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Infertility cases in women to hit 80 million by 2036, study finds\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907696-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2907696\" data-cid=\"9827220\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907696-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/70\/19\/189x106_cmsv2_9ea1995c-b722-5894-9448-95df4446b008-9817019.jpg\" loading=\"lazy\" alt=\"Tourists cool off at a public water fountain In Paris, Friday, June 26, 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Water<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Is France heading for a severe summer drought?\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907779-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2907779\" data-cid=\"9827608\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907779-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/76\/08\/189x106_cmsv2_207b6241-679e-5383-9147-1d5bf4932dff-9827608.jpg\" loading=\"lazy\" alt=\"File - Smoke rises over the city center after a Russian attack on Kyiv, Ukraine, Thursday, 25 June 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<div class=\"the-media-object__title  \">\n<p>    The five fastest-growing economies in Europe over the next five years\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2907689-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2907689\" data-cid=\"9827189\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907689-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/71\/89\/189x106_cmsv2_6e91290a-5b46-5b69-9901-e78d489ef447-9827189.jpg\" loading=\"lazy\" alt=\"Far-right party National Rally president Jordan Bardella and far-right leader Marine Le Pen attend a rally in Lievin, northern France, 4 July 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    The verdict that could end Marine Le Pen \u2013 and launch Jordan Bardella\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Economy<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            OPEC+ agrees another modest output rise as oil prices fall back to pre-war levels<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/65\/58\/1536x864_cmsv2_01e7c9e7-0524-5848-a42f-38906017b0de-9826558.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"FILE. Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, 21 March 2021\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              FILE. Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, 21 March 2021<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo\/Amr Nabil<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\/Amr Nabil\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspQuirino Mealha\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1783328750\">\n                    Published on                 <time datetime=\"2026-07-06 11:05:50 +02:00\">06\/07\/2026 &#8211; 11:05 GMT+2<\/time><span class=\"c-article-publication-date__bullet\">\u2022<\/span>Updated<br \/>\n                                     <time datetime=\"18:37\">18:37<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div class=\"c-article-share-comment-popup-overlay js-c-article-share-comment-popup-overlay u-display-none\">\n<div id=\"js-c-article-share-comment-popup\" class=\"c-article-share-comment-popup js-c-article-share-comment-popup\">\n<div class=\"c-article-share-comment-popup__header u-display-flex\"><span>Share<\/span><img decoding=\"async\" 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class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"24\" height=\"24\" alt=\"bluesky\" loading=\"lazy\"><span>Bluesky<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"48\" height=\"48\" alt=\"bluesky\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<div class=\"c-article-share-comment-popup__content__embed_container u-display-none\"><span class=\"c-article-share-comment-popup__content__embed__tooltip\"><br \/>\n                            Copy\/paste the article video embed link below:<br \/>\n                        <\/span><span class=\"c-article-share-comment-popup__content__embed u-display-flex\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/icon-copy-to-clipboard.svg\" width=\"16\" height=\"16\" alt=\"Copy to clipboard\" class=\"u-cursor-pointer js-c-article-share-comment-copy\" loading=\"lazy\"><span class=\"c-article-share-comment-popup__content__embed--success-copied u-display-none js-c-article-share-comment-video-embed-success-link-copied\"><br \/>\n                                Copied<br \/>\n                            <\/span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        Seven countries in the OPEC+ alliance agreed to lift their combined oil output by a modest 188,000 barrels per day in August, adding supply just as crude prices slide back to levels not seen since before the Iran war erupted.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>A group of seven OPEC+ producers said on Sunday they would raise output by a combined 188,000 barrels a day next month, a restrained increase that comes as oil trades near its pre-war levels for the first time since the Iran war began. <\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>It is the fifth consecutive monththat members of the alliance have agreed to open the oil taps a little wider.<\/p>\n<p>The decision, taken at a virtual meeting, involves Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, and continues the gradual unwinding of voluntary cuts the same countries announced back in 2023. <\/p>\n<p>Saudi Arabia and Russia will carry the largest share, adding 62,000 barrels a day each. <\/p>\n<p>&#8220;The countries will continue to monitor and assess market conditions, and in their continuous efforts to support market stability, they reaffirmed the importance of adopting a cautious approach,&#8221; the group said in a statement.<\/p>\n<h2>Oil prices <strong>round-trip<\/strong> a war<\/h2>\n<p>The backdrop is a striking reversal in the oil market. <\/p>\n<p>Brent crude, the international benchmark, was trading below $72 a barrel as commodities trading opened on Sunday night, roughly where it sat before the US and Israel launched strikes on Iran in late February, and far below the peaks near $120 reached in March at the height of the crisis.<\/p>\n<p>The US benchmark, WTI, was trading even lower at around $68 a barrel.<\/p>\n<p>The slide has been driven by optimism over peace, as Iran agreed under an interim memorandum of understanding to allow ships to pass unimpeded through the Strait of Hormuz while Washington lifted its blockade of Iranian ports. Negotiators, however, are still working towards a final settlement.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\">\n<li class=\"c-widget-related__item\">Brent crude falls below $74 for first time since start of the Iran war<\/li>\n<li class=\"c-widget-related__item\">UK maritime agency raises Strait of Hormuz threat level after oil tanker reports being struck<\/li>\n<\/ul>\n<\/div>\n<p>Commercial traffic through the strait, which carried around a fifth of the world&#8217;s oil before the war, has been recovering, though it remains well short of pre-conflict levels, and Tehran warned only last week that tankers straying from its approved routes would face a &#8220;forceful response&#8221;.<\/p>\n<h2>Paper barrels and a long recovery<\/h2>\n<p>For much of the war, the alliance&#8217;s monthly increases existed largely on paper. <\/p>\n<p>With the strait effectively closed, Middle Eastern producers were forced to slash actual output as unsold barrels piled up and regional storage ran out of room, leaving real production far below the group&#8217;s stated quotas. <\/p>\n<p>The gradual reopening is now releasing that backlog onto the market, amplifying the downward pressure on prices well beyond the modest official increments.<\/p>\n<p>However, the rebuild will take time. <\/p>\n<p>S&amp;P Global Energy does not expect Gulf oil production to recover fully until at least the first quarter of 2027, and energy analysts caution that the war&#8217;s imprint on fuel bills and household costs may linger well beyond a formal peace deal. <\/p>\n<p>The seven producers, who stressed they can pause or reverse the increases if conditions turn, will meet again on 2 August.<\/p>\n<\/div>\n<footer class=\"perf-cv-auto c-article-contributors c-article-contributors-supplementary u-margin-top-2 u-padding-top-2\">\n<p>Additional sources<strong> \u2022 AP<\/strong><\/p>\n<\/footer>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2906879-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2906879\" data-cid=\"9823432\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906879-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/34\/32\/480x270_cmsv2_62816e93-7e19-519c-a3a1-d09c0324c97b-9823432.jpg\" loading=\"lazy\" alt=\"Pensioners and patients protest during the second day of the health workers strike in Bellvitge, Spain, Wednesday Nov. 16, 2011. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Retired but working: Where is financial necessity the biggest reason?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907779-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2907779\" data-cid=\"9827608\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907779-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/76\/08\/480x270_cmsv2_207b6241-679e-5383-9147-1d5bf4932dff-9827608.jpg\" loading=\"lazy\" alt=\"File - Smoke rises over the city center after a Russian attack on Kyiv, Ukraine, Thursday, 25 June 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    The five fastest-growing economies in Europe over the next five years<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907575-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2907575\" data-cid=\"9826558\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907575-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/65\/58\/480x270_cmsv2_01e7c9e7-0524-5848-a42f-38906017b0de-9826558.jpg\" loading=\"lazy\" alt=\"FILE. Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, 21 March 2021\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    OPEC+ agrees another modest output rise as oil prices continue to fall<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Iran war<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  OPEC<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  OPEC PLUS<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Strait of Hormuz<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Oil<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Oil market<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2907779-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2907779\" data-cid=\"9827608\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907779-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/76\/08\/320x180_cmsv2_207b6241-679e-5383-9147-1d5bf4932dff-9827608.jpg\" loading=\"lazy\" alt=\"File - Smoke rises over the city center after a Russian attack on Kyiv, Ukraine, Thursday, 25 June 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    The five fastest-growing economies in Europe over the next five years<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2907711-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2907711\" data-cid=\"9827297\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907711-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/72\/97\/320x180_cmsv2_b8dd6acb-e012-5bb8-bfa2-8636ef8a81c7-9827297.jpg\" loading=\"lazy\" alt=\"A man walks past the Xbox logo at the Microsoft booth during the E3 game show in Los Angeles, Tuesday, 11 June, 2013. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Microsoft cuts 4,800 jobs with Xbox facing its biggest shake-up<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2907656-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2907656\" data-cid=\"9827043\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907656-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/70\/43\/320x180_cmsv2_74ea2ed7-0404-58d7-867f-aea6aecea310-9827043.jpg\" loading=\"lazy\" alt=\"File - A view of a sign at the Sky headquarters, British broadcaster and telecommunications company, in London, Friday, 7. 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src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-most-viewed\">\n<h2 class=\"c-most-viewed__title qa-section-title\">Most read<\/h2>\n<div class=\"c-most-viewed__list\">\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">1<\/span><\/p>\n<article id=\"abe-2898832-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2898832\" data-cid=\"9782942\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Charting the Path Forward: AIIB President Zou Jiayi on Sustainable Infrastructure in Asia and Beyond<br \/>\n  <\/h3>\n<div class=\"the-media-object__quote\">Partner content presented by 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src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2906879-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2906879\" data-cid=\"9823432\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906879-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/34\/32\/480x270_cmsv2_62816e93-7e19-519c-a3a1-d09c0324c97b-9823432.jpg\" loading=\"lazy\" alt=\"Pensioners and patients protest during the second day of the health workers strike in Bellvitge, Spain, Wednesday Nov. 16, 2011. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Retired but working: Where is financial necessity the biggest reason?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907779-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2907779\" data-cid=\"9827608\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907779-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/76\/08\/480x270_cmsv2_207b6241-679e-5383-9147-1d5bf4932dff-9827608.jpg\" loading=\"lazy\" alt=\"File - Smoke rises over the city center after a Russian attack on Kyiv, Ukraine, Thursday, 25 June 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    The five fastest-growing economies in Europe over the next five years<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907575-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2907575\" data-cid=\"9826558\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907575-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/65\/58\/480x270_cmsv2_01e7c9e7-0524-5848-a42f-38906017b0de-9826558.jpg\" loading=\"lazy\" alt=\"FILE. Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, 21 March 2021\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    OPEC+ agrees another modest output rise as oil prices continue to fall<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907779-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2907779\" data-cid=\"9827608\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907779-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/76\/08\/320x180_cmsv2_207b6241-679e-5383-9147-1d5bf4932dff-9827608.jpg\" loading=\"lazy\" alt=\"File - Smoke rises over the city center after a Russian attack on Kyiv, Ukraine, Thursday, 25 June 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    The five fastest-growing economies in Europe over the next five years<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907711-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2907711\" data-cid=\"9827297\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907711-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/72\/97\/320x180_cmsv2_b8dd6acb-e012-5bb8-bfa2-8636ef8a81c7-9827297.jpg\" loading=\"lazy\" alt=\"A man walks past the Xbox logo at the Microsoft booth during the E3 game show in Los Angeles, Tuesday, 11 June, 2013. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Microsoft cuts 4,800 jobs with Xbox facing its biggest shake-up<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907656-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2907656\" data-cid=\"9827043\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907656-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/70\/43\/320x180_cmsv2_74ea2ed7-0404-58d7-867f-aea6aecea310-9827043.jpg\" loading=\"lazy\" alt=\"File - A view of a sign at the Sky headquarters, British broadcaster and telecommunications company, in London, Friday, 7. Nov. 2025.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Sky agrees to buy British broadcaster ITV for up to \u00a31.6 billion<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907568-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2907568\" data-cid=\"9826478\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907568-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/64\/78\/320x180_cmsv2_dfd6fc06-c9c1-563d-aefc-0c367adeb266-9826478.jpg\" loading=\"lazy\" alt=\"File - The logo of the &apos;easyJet&apos; airline is seen on a wing of an airplane on a flight from Milan, Italy, to Berlin, Germany, on Monday, 23. Feb. 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    EasyJet shares jump 10% as board backs Castlelake takeover proposal<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2907062-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2907062\" data-cid=\"9824391\" data-part-label=\"Partner content\">\n<figure id=\"abe-2907062-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/43\/91\/320x180_cmsv2_0d56aa08-f1da-529b-89b1-225c2f4afe39-9824391.jpg\" loading=\"lazy\" alt=\"Women demonstrate with posters reading &quot;Equal pay now&quot;, right, and &quot;Solidarity with women around the world&quot; during a demonstration as part of the International Women&apos;s Day, We\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Gender pay gap vs pension gap: Why is inequality worse in retirement?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2898832-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2898832\" data-cid=\"9782942\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Charting the Path Forward: AIIB President Zou Jiayi on Sustainable Infrastructure in Asia and Beyond<br \/>\n  <\/h3>\n<div class=\"the-media-object__quote\">Partner content presented by <strong>AIIB<\/strong><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906567-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2906567\" data-cid=\"9821639\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Where are the wealthiest young people in Europe?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906648-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2906648\" data-cid=\"9822073\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Spain jobless rate at 2008 low, foreign employment hits record<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2904805-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--has-related the-media-object--no-label\" data-nid=\"2904805\" data-cid=\"9812928\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Where do workers lose the biggest share of their salaries in Europe?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906791-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2906791\" data-cid=\"9822948\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    World&#8217;s largest LNG container ship enters Asia-Europe service<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">A group of seven OPEC+ producers said on Sunday they would raise output by a combined 188,000 barrels a day next month, a restrained increase that comes as oil trades near its pre-war levels for the first time since the Iran war began.It is the fifth consecutive month that members of the alliance have agreed to open the oil taps a little wider.The decision, taken at a virtual meeting, involves Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, and continues the gradual unwinding of voluntary cuts the same countries announced back in 2023.Saudi Arabia and Russia will carry the largest share, adding 62,000 barrels a day each.&#8221;The countries will continue to monitor and assess market conditions, and in their continuous efforts to support market stability, they reaffirmed the importance of adopting a cautious approach,&#8221; the group said in a statement.Oil prices round-trip a warThe backdrop is a striking reversal in the oil market.Brent crude, the international benchmark, was trading below $72 a barrel as commodities trading opened on Sunday night, roughly where it sat before the US and Israel launched strikes on Iran in late February, and far below the peaks near $120 reached in March at the height of the crisis.The US benchmark, WTI, was trading even lower at around $68 a barrel.The slide has been driven by optimism over peace, as Iran agreed under an interim memorandum of understanding to allow ships to pass unimpeded through the Strait of Hormuz while Washington lifted its blockade of Iranian ports. Negotiators, however, are still working towards a final settlement.Commercial traffic through the strait, which carried around a fifth of the world&#8217;s oil before the war, has been recovering, though it remains well short of pre-conflict levels, and Tehran warned only last week that tankers straying from its approved routes would face a &#8220;forceful response&#8221;.Paper barrels and a long recoveryFor much of the war, the alliance&#8217;s monthly increases existed largely on paper.With the strait effectively closed, Middle Eastern producers were forced to slash actual output as unsold barrels piled up and regional storage ran out of room, leaving real production far below the group&#8217;s stated quotas.The gradual reopening is now releasing that backlog onto the market, amplifying the downward pressure on prices well beyond the modest official increments.However, the rebuild will take time.S&amp;P Global Energy does not expect Gulf oil production to recover fully until at least the first quarter of 2027, and energy analysts caution that the war&#8217;s imprint on fuel bills and household costs may linger well beyond a formal peace deal.The seven producers, who stressed they can pause or reverse the increases if conditions turn, will meet again on 2 August.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/07\/06\/opec-agrees-another-modest-output-rise-as-oil-prices-fall-back-to-pre-war-levels&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/82\/65\/58\/1200x675_cmsv2_01e7c9e7-0524-5848-a42f-38906017b0de-9826558.jpg&#8221;] Health news Infertility cases in women to hit 80 million by 2036, study finds Water Is France heading for a severe summer drought? Economy The five fastest-growing economies in Europe over the next five years Europe News The verdict that could end Marine Le Pen \u2013 and launch Jordan Bardella Health news [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2030585","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2030585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2030585"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2030585\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2030585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2030585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2030585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}