LBCI

OPEC+ delays oil capacity review after Iran war disrupts expansion plans: Reuters

World News

02-10-2026 | 13:25

Share

Share

OPEC+ delays oil capacity review after Iran war disrupts expansion plans: Reuters

An OPEC+ review to help to determine members’ 2027 oil output quotas has been delayed after the U.S.-Israeli war on Iran disrupted projects to expand capacity across the Middle East, throwing estimates of ‌future production potential into uncertainty, said two sources close to the matter.

OPEC+, which comprises the Organization of the Petroleum Exporting Countries plus Russia and other allies, had ordered its production capacity review for all members in late 2025 before setting 2027 quotas, with completion due by the end of ⁠September 2026.

The deadline has slipped, the sources said, with one saying the review is now expected to be completed by mid-November.

The OPEC producer group did not respond immediately to a request for comment.

Reuters

World News

OPEC

Oil

United States

Israel

War

Iran

Ethiopia and Eritrea break diplomatic ties over conflict

Previous

Recommended For You

Ethiopia and Eritrea break diplomatic ties over conflict

13:17

Ethiopia and Eritrea break diplomatic ties over conflict

France protests disrupting education at over 560 schools: Ministry

13:12

France protests disrupting education at over 560 schools: Ministry

EU warns diesel export ban would 'undermine trust' in US as partner

13:01

EU warns diesel export ban would 'undermine trust' in US as partner

Record numbers going hungry in Yemen amid escalating conflict, WFP says

12:44

Record numbers going hungry in Yemen amid escalating conflict, WFP says

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Iran police chief issues surrender ultimatum over 'riots'

Middle East News

2026-01-19

Iran police chief issues surrender ultimatum over 'riots'

Lebanon seeks renewed UN backing as Rajji addresses Arab League

2026-09-07

Lebanon seeks renewed UN backing as Rajji addresses Arab League

Israeli airline El Al says planning to resume flights to Dubai in November

Middle East News

2026-09-30

Israeli airline El Al says planning to resume flights to Dubai in November

Salam from Washington: International support must strengthen Lebanon, not create parallel systems

2026-09-23

Salam from Washington: International support must strengthen Lebanon, not create parallel systems

Videos

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Most read

24 hours

7 days

Month

Lebanon’s Cabinet approves 2027 budget bill, raises public-sector transport allowance

1

Lebanon’s Cabinet approves 2027 budget bill, raises public-sector transport allowance

Lebanese army seizes 245 kg of TNT, explosives in attempted smuggling from Syria

2

Lebanese army seizes 245 kg of TNT, explosives in attempted smuggling from Syria

President challenges banking reform law: Lebanon's IMF talks face new test

3

President challenges banking reform law: Lebanon's IMF talks face new test

From cockpit fight to emergency landing: What happened aboard Flydubai flight

4

From cockpit fight to emergency landing: What happened aboard Flydubai flight

IMF says Lebanon needs key reforms for programme

5

IMF says Lebanon needs key reforms for programme

Mossad takes lead in Flydubai investigation as Israel keeps Iran angle open

6

Mossad takes lead in Flydubai investigation as Israel keeps Iran angle open

PM Salam visits Nabatieh: Let us all rally under the banner of our state

7

PM Salam visits Nabatieh: Let us all rally under the banner of our state

US sanctions Iran's largest automakers, major rail companies: Treasury

8

US sanctions Iran's largest automakers, major rail companies: Treasury

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More