OPEC+ is poised to sanction a modest rise in oil production for the third consecutive month, with an anticipated increase of approximately 188,000 barrels per day (bpd). This decision comes despite ongoing geopolitical uncertainties stemming from the US-Iran conflict, which has raised concerns about potential disruptions in supply. Additionally, the recent withdrawal of the United Arab Emirates from certain cooperative agreements within the group has added to the complexity of the oil market landscape. As global crude prices remain sensitive to supply fluctuations, the incremental output adjustment reflects a cautious approach by OPEC+ to balance market stability against rising demand pressures. The sentiment in the market remains guarded, with fears of escalation in regional tensions contributing to extreme caution among investors, as they navigate the interplay between production decisions and geopolitical developments.