Oil Markets Jump As OPEC+ Freeze And Rising Global Tensions Jolt Supply Outlook

2025-12-02 10:06:21

(MENAFN- AzerNews)

Oil prices climbed on Monday as OPEC+ reaffirmed its decision to keep production levels unchanged, the Caspian Pipeline Consortium (CPC) halted exports following a major drone strike, and escalating U.S.–Venezuela tensions added new uncertainty to global supply prospects, Azernews reports.

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