{
  "id": 42785,
  "title": "Opec+ agrees output rise in September amid uneasy pause in Iran war",
  "url": "https://urgent.news/2026/08/02/opec-agrees-output-rise-in-september-amid-uneasy-pause-in-iran-war",
  "topic": "world",
  "section": "World",
  "published": "2026-08-02T11:35:05.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/energy/2026/08/02/opec-agrees-output-rise-in-september-but-pauses-increase-from-fourth-quarter/"
  },
  "original_language": "en",
  "account": "Opec+ has decided to raise crude oil production for a sixth consecutive month in September, amid a precarious situation in the Middle East and threats to global energy supplies from Houthi attacks on Red Sea shipping. The group has agreed to collectively increase output by 188,000 barrels per day in September, marking the fourth month in a row of such increases. The seven core countries of Opec+ – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman – reached a consensus during their virtual meeting, expressing their intention to review global market conditions and outlooks. Before this decision, Opec+ had already increased production by 206,000 barrels per day each month for April and May, following the UAE's departure from the cartel to unwind production cuts agreed in 2023. This latest production rise will effectively mark the end of the voluntary cuts made in 2023, when the UAE was part of the group. The seven countries also highlighted that this move will offer participating nations an opportunity to accelerate compensation. Opec+ is scheduled to convene again on September 6, with plans to continue holding monthly meetings to monitor market conditions. However, Opec faces challenging times ahead, as it grapples with a weakening oil outlook and resistance from its members, including Iraq, which seeks higher production quotas aligned with its capacity. In July, Iraqi Prime Minister Ali Al Zaidi expressed his desire for a \"fair share\" for his country from Opec, as Baghdad aims to enhance its oil revenues and support its struggling economy. The recent pause in the US-Iran war, which is teetering on the brink of a full-scale conflict, adds to the uncertainty surrounding the global energy market. The US President, Donald Trump, announced on Sunday that he has halted military strikes on Iran after urging both nations and others in the Middle East to delay attacks, citing an agreement on the \"perimeters of a deal.\"",
  "summary": "Opec+ has agreed to increase crude oil output for a sixth consecutive month in September, as the Middle East teeters on the verge of an all-out war, and Houthi rebel attacks on Red Sea shipping compound threats to global energy supplies. The group said on Sunday it is set to collectively add 188,000 barrels per day in September, the fourth straight month in which it will increase its output by…",
  "key_points": [
    "Opec+ will increase oil production by 188,000 barrels per day in September",
    "Seven core countries of Opec+ agreed during virtual meeting",
    "Pause in US-Iran war adds uncertainty to global energy market"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}