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Monday, March 29, 2021

Opec+ to reconvene to navigate crude market volatility

The Opec+ grouping of oil producers will hold its third ministerial summit of the year via videoconference Thursday to discuss output cuts in the face of fresh price volatility.

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Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Bren...