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Oil prices tumble as Trump cancels attack on Iran to reach nuclear deal

World News Today: International News Headlines - The Hindu | The Hindu · 03 Aug 2026, 01:22

On Sunday, August 2, OPEC+ approved an oil production quota increase of around 188,000 barrels ⁠per day from September, the producer group said, in a move that ⁠completes the unwinding of a layer of voluntary output cuts.

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