OPEC+ Postpones Oil Capacity Review Amid Iran War Tensions

OPEC+ has delayed its review of oil capacity as the ongoing Iran war disrupts plans. The decision was made at the group's latest meeting, where members agreed to postpone the review until a later date.

The postponement is seen as a response to the ongoing conflict in Iran, which has already had a significant impact on global oil markets. The war has led to increased tensions and volatility in the region, making it difficult for OPEC+ to assess the current situation accurately.