Following a meeting of OPEC+ major oil producers on Sunday, Saudi Arabia’s energy minister said his country would slash oil output further by one million barrels per day in a bid to prop up prices. Post navigation UAE reveals it withdrew from US-led maritime coalition ‘months ago’The UAE also refuted western media reports that claim the country is ‘frustrated’ over Washington’s weak response to Iran’s seizure of oil tankers in Gulf waters The total reduction in oil production by OPEC+ countries by the end of 2024 will amount to 3,6 million barrels/day
