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.
OPEC+ not planning extraordinary meeting after Iran calls for Israel oil embargo - report
- Reuters reports, citing two OPEC+ sources
