Israel and Iran Continue to Escalate - Grab 4 Ultra-High-Yield Dividend Oil Giants

Israel and Iran Continue to Escalate - Grab 4 Ultra-High-Yield Dividend Oil Giants

Although OPEC+ has announced plans to increase production by 411,000 barrels per day starting this month, actual increases may be smaller due to overproduction by some members, such as Kazakhstan and Iraq. Paradoxically, oil prices rose after this announcement, possibly because the increase was less than expected, or due to market sentiment expecting a tighter supply. Add in the fact that the Israeli airstrike on Iran’s nuclear facility led to a…