Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait are reportedly cutting crude oil production by up to 6.7 million barrels per day.

Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait are reportedly cutting oil production by up to 6.7 million barrels per day. Among them, Saudi Arabia will reduce oil output by 2 to 2.5 million barrels per day, and Iraq will cut approximately 2.9 million barrels per day.

(Source: Cailian Press)

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