OPEC+ Spare Capacity Could Cushion Oil Markets

The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spare production capacity. Traders are caught between the potential for significant supply disruptions and the possibility that OPEC+ and other producers could step in to mitigate shortages. As conflict threatens key oil-producing regions, market participants are watching closely for signals of both price surges and stability. Middle East Conflict: A Looming Supply Disruption In recent days, crude oil prices have…