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OPEC+ not planning extraordinary meeting after Iran calls for Israel oil embargo – report

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Well, it might still be too early to really judge how the Israel-Hamas conflict is going to turn out. So, I would expect OPEC+ to stick with the status quo for a bit longer before making any hasty decisions. Oil is up over 3% on the day to $89.14 currently as commodities are still heavily influenced by developments in the Middle East for now.

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