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OPEC oil production fell to its lowest level in over two decades in April, with a decrease of 830,000 barrels per day to 20.04 million bpd, primarily due to export cuts stemming from the U.S.-Israeli conflict with Iran and the effective closure of the Strait of Hormuz. #OPEC #OilProduction #EnergyTrends #US #IL #IR #KW #SA #IQ #AE #VE #LY #RU
OPEC oil output hits new low in April on Hormuz export disruption, Reuters survey finds
