Updated on June 4, 2026, 05:38PM (AST)

04.06.2026, 14:44

OPEC+ countries have not yet asked for increased quotas to compensate for lost revenues after opening of Strait of Hormuz - Novak


ST. PETERSBURG. June 4 (Interfax) - There are currently no discussions in OPEC+ about increasing oil production quotas for a series of OPEC+ countries in order to compensate for lost revenues following the opening of the Strait of Hormuz, Russian Deputy Prime Minister Alexander Novak told journalists at the sidelines of the St. Petersburg International Economic Forum (SPIEF 2026).


To read the full news articles, Subscribe.



Error message here!

Show Error message here!

Close