SINGAPORE, Oct. 6 (Reuters) - After the OPEC+ group of countries agreed its greatest output cut since 2020 ahead of European Union embargoes on Russian energy,
fears over skyrocketing inflation are expected to increase as the world's oil supply is expected to tighten.
The action has deepened a diplomatic divide between the Saudi-supported bloc and Western countries,
who are concerned that increased energy prices will harm the already-fragile global economy and
thwart efforts to deny Moscow access to the oil market in the wake of Russia's invasion of Ukraine.
Check foundational details to make sure it’s sturdy and it hasn’t lost any structural integrity.