OPEC+ is set to raise its July oil production target by 188,000 barrels per day, according to sources. This decision comes despite ongoing supply disruptions linked to the Iran conflict. The increase will be discussed at the group's meeting on June 7. Since April, OPEC+ has incrementally raised production targets each month, even as the United Arab Emirates' recent exit has reduced the scale of these increases. Analysts suggest the UAE's departure may have weakened OPEC+'s market influence but potentially strengthened internal cohesion. Two additional meetings on June 7 are not expected to result in policy changes.