Iran is fighting fiercely over there, while we're still discussing increasing production. Do the market's beliefs hold?

BlockBeats states that the seven core OPEC+ oil-producing countries are likely to modestly raise their July production target by about 188k barrels per day at the June 7 meeting, despite some supplies being hindered by the Iran conflict. Although targets have been continuously increased since April, the UAE's withdrawal in May weakened influence, potentially boosting internal cohesion. The other two meetings on June 7 are expected to make no policy adjustments.