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Story summary
- OPEC+ led by Saudi Arabia kept oil production steady in November, maintaining the September baseline.
- Brent crude rose above $100 a barrel amid the Iran war.
- The G7 pledged a front-loaded release of 100 million barrels of oil and fuel within 20 days.
- Central Command admiral Brad Cooper reported moving over 1 billion barrels and protecting 2,000 ship transits through the Strait of Hormuz.
