Oil Prices Drop as OPEC+ Boosts Output | Texas News

Oil prices are falling back to pre-Iran conflict levels as OPEC+ ramps up production by 188,000 barrels per day next month, following the reopening of the Strait of Hormuz. Former White House adviser Steve Moore called it timely relief ahead of the Fourth of July, while U.S. envoys in Qatar and Trump’s past Iran deal hints at diplomatic progress easing global supply fears. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/652cdb809e2ac42e