{"id":5250,"date":"2026-04-05T17:48:26","date_gmt":"2026-04-05T17:48:26","guid":{"rendered":"https:\/\/ventil.rs\/blog\/business\/opec-raises-output-quotas-by-206000-bpd-from-may-warns-on-supply-risks-due-to-middle-east-war-the-times-of-india\/"},"modified":"2026-04-05T17:48:26","modified_gmt":"2026-04-05T17:48:26","slug":"opec-raises-output-quotas-by-206000-bpd-from-may-warns-on-supply-risks-due-to-middle-east-war-the-times-of-india","status":"publish","type":"post","link":"https:\/\/ventil.rs\/blog\/business\/opec-raises-output-quotas-by-206000-bpd-from-may-warns-on-supply-risks-due-to-middle-east-war-the-times-of-india\/","title":{"rendered":"OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war &#8211; The Times of India"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy infrastructure amid ongoing conflicts could disrupt global supplies for an extended period, AFP reported.<span class=\"id-r-component br\" data-pos=\"2\"\/>The oil cartel decided to raise output quotas by 206,000 barrels per day (bpd) from May, with key producers including Russia, Saudi Arabia and several Gulf nations backing the move.<span class=\"id-r-component br\" data-pos=\"4\"\/>However, OPEC+ warned that repairing energy facilities damaged in conflict zones is \u201ccostly and takes a long time\u201d, adding that such disruptions could heighten volatility in global oil markets.<span class=\"id-r-component br\" data-pos=\"6\"\/>The group also stressed \u201cthe critical importance of safeguarding international maritime routes to ensure the uninterrupted flow of energy\u201d.<span class=\"id-r-component br\" data-pos=\"10\"\/>While the statement did not directly mention the Iran war, the ongoing conflict has significantly impacted global energy markets and contributed to a sharp rise in oil prices.<span class=\"id-r-component br\" data-pos=\"12\"\/>Since February 28, when the United States and Israel launched strikes on Iran, Tehran has retaliated by targeting locations across the region, including key energy infrastructure.<span class=\"id-r-component br\" data-pos=\"14\"\/>Iran has also effectively halted shipping through the Strait of Hormuz by threatening to attack tankers passing without permission, severely restricting exports from the Gulf region.<span class=\"id-r-component br\" data-pos=\"17\"\/>Before the conflict, nearly one-fifth of global oil and liquefied natural gas (LNG) shipments passed through the Strait, making it a critical artery for global energy trade.<span class=\"id-r-component br\" data-pos=\"19\"\/>The disruption has raised concerns over whether increased production by OPEC+ members can translate into actual supply reaching global markets.<span class=\"id-r-component br\" data-pos=\"21\"\/>Meanwhile, Ukraine has also been targeting Russian oil facilities as part of its ongoing conflict with Moscow, further complicating global supply dynamics.<span class=\"id-r-component br\" data-pos=\"24\"\/>Last month, the eight-member Voluntary Eight (V8) group within OPEC+ had also raised production quotas by 206,000 bpd.<span class=\"id-r-component br\" data-pos=\"26\"\/>In its statement, the V8 warned that \u201cany actions undermining energy supply security, whether through attacks on infrastructure or disruption of international maritime routes, increase market volatility\u201d and complicate efforts to manage global oil prices.<span class=\"id-r-component br\" data-pos=\"28\"\/>The group &#8212; comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman&#8211;also acknowledged members that managed to find alternative export routes, noting that such efforts have helped reduce market volatility.<span class=\"id-r-component br\" data-pos=\"30\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/opec-raises-output-quotas-by-206000-bpd-from-may-warns-on-supply-risks-due-to-middle-east-war\/articleshow\/130044127.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy infrastructure amid ongoing conflicts could disrupt global supplies for an extended period, AFP reported.The oil cartel decided to raise output quotas by 206,000 barrels per day (bpd) from May, with key producers including Russia, Saudi&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/ventil.rs\/blog\/business\/opec-raises-output-quotas-by-206000-bpd-from-may-warns-on-supply-risks-due-to-middle-east-war-the-times-of-india\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war &#8211; The Times of India&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":5251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-130044242,width-1280,height-720,imgsize-1027989,resizemode-6,overlay-toi_sw,pt-32,y_pad-600\/photo.jpg","fifu_image_alt":"","footnotes":""},"categories":[3],"tags":[4137,4134,4136,4133,4135],"class_list":["post-5250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-energy-infrastructure-damage","tag-global-oil-supply-disruption","tag-oil-output-quotas-may-2023","tag-opec-oil-production-increase","tag-strait-of-hormuz-shipping"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v22.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war - The Times of India - Breaking News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ventil.rs\/blog\/business\/opec-raises-output-quotas-by-206000-bpd-from-may-warns-on-supply-risks-due-to-middle-east-war-the-times-of-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war - The Times of India\" \/>\n<meta property=\"og:description\" content=\"OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy infrastructure amid ongoing conflicts could disrupt global supplies for an extended period, AFP reported.The oil cartel decided to raise output quotas by 206,000 barrels per day (bpd) from May, with key producers including Russia, Saudi...Read More &ldquo;OPEC+ raises output quotas by 206,000 bpd from May; 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