# OPEC+ to Weigh Bigger Hike After Iran Strike, Delegates Say

> OPEC+ is set to weigh a larger oil output increase at its Sunday meeting after the US and Israel launched an attack on Iran. Delegates say the group had previously expected only modest April hikes.

- Date: 2026-03-01 · published 2026-03-01T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/20514-opec-to-weigh-bigger-hike-after-iran-strike-delegates-say
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A bigger planned supply increase would weigh on crude, but the Iran strikes raise supply-disruption risk, so the net price effect is uncertain and volatile for energy costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-08-30 | [OPEC+ Leans Toward Proceeding With Output Hike, Delegates Say - Bloomberg](https://feedsoft.ai/events/28684-opec-leans-toward-proceeding-with-output-hike-delegates-say-bloomberg.md) | -8.9% | -10.4% |
| BRENT | 2025-10-27 | [OPEC+ Base Case Scenario Is Small Hike for Now, Delegates Say - Bloomberg](https://feedsoft.ai/events/22307-opec-base-case-scenario-is-small-hike-for-now-delegates-say-bloomberg.md) | -0.9% | -4.9% |
| BRENT | 2024-07-18 | [OPEC+ will stick to oil production hike plan as upcoming meeting, delegates report](https://feedsoft.ai/events/29162-opec-will-stick-to-oil-production-hike-plan-as-upcoming-meeting-delegates-report.md) | -3.6% | -5.2% |
| BRENT | 2024-09-26 | [OPEC+ set to go ahead with Dec oil output hike, sources say \| Reuters](https://feedsoft.ai/events/28237-opec-set-to-go-ahead-with-dec-oil-output-hike-sources-say-reuters.md) | -0.1% | +0.5% |
| BRENT | 2025-02-17 | [OPEC+ is not considering delay to April oil supply hike, Novak says](https://feedsoft.ai/events/25943-opec-is-not-considering-delay-to-april-oil-supply-hike-novak-says.md) | -0.4% | -4.9% |
| WTI | 2024-08-30 | [OPEC+ Leans Toward Proceeding With Output Hike, Delegates Say - Bloomberg](https://feedsoft.ai/events/28684-opec-leans-toward-proceeding-with-output-hike-delegates-say-bloomberg.md) | -10.8% | -10.5% |
| WTI | 2025-10-27 | [OPEC+ Base Case Scenario Is Small Hike for Now, Delegates Say - Bloomberg](https://feedsoft.ai/events/22307-opec-base-case-scenario-is-small-hike-for-now-delegates-say-bloomberg.md) | -0.8% | -5.5% |
| WTI | 2024-07-18 | [OPEC+ will stick to oil production hike plan as upcoming meeting, delegates report](https://feedsoft.ai/events/29162-opec-will-stick-to-oil-production-hike-plan-as-upcoming-meeting-delegates-report.md) | -6.4% | -6.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-02-28/opec-to-consider-bigger-hike-after-iran-strike-delegate-says

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.