Oil Prices Drop on OPEC+ Output Hike, Iraq Exports

Oil prices fell Tuesday as expectations of another OPEC+ production increase and the restart of crude exports from Iraq’s Kurdistan region via Turkey added to fears of a supply surplus. Traders said the developments reinforced pressure on global markets already concerned about weakening demand.

SouthAsianChronicle

SouthAsianChronicle is an independent digital news platform delivering accurate, timely, and insightful journalism from South Asia and around the world.

© 2026 South Asian Chronicle Digital Network. All Rights Reserved.

Social

Email

Designed bySouthAsian Chronicle Media Team

Scroll to Top