If tensions involving Iran put some oil production at risk, what role could OPEC+ play in easing the supply shock? The group has spare production capacity in some member countries, but that doesn’t automatically mean extra barrels can be brought to market quickly or that members will agree on how much to add.
How do members weigh available capacity, existing OPEC+ production targets, and the risk of weakening prices? I’d like to hear how much influence the group can realistically have when a disruption is sudden and politically sensitive.