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Good morning. OPEC+ makes a shock supply cut. Traders brace for more volatility. And a Korean firm sees itself as the next SpaceX.
Saudi Arabia ledsurprise 1 million-barrel OPEC+ oil supply reduction, pledging to pump 500,000 b/d less from May. Fellow members including Kuwait, the UAE and Algeria followed suit. will extend its cuts through 2023. The White House called the decision ill-advised