The Globe and Mail reports from its Thursday, April 2, edition that OPEC oil output fell in March to its lowest level since June, 2020, as the United States-Israeli war against Iran effectively closed the Strait of Hormuz and led to export cuts, a Reuters survey found. A Reuters dispatch to The Globe reports that OPEC's crude output in March fell by 7.3 million barrels a day month-on-month to 21.57 million b/d, the survey showed, led by cuts in Kuwait, Iraq, Saudi Arabia and the United Arab Emirates. OPEC and its allies had agreed to hold production steady in the first quarter of 2026 and to resume increasing supplies in April. OPEC and allies are due to meet on April 5. Energy Aspects's analysts forecast in a March 16 report that this month's OPEC crude production would fall by seven million b/d to 22.2 million b/d because of the shipping disruptions. Iraq experienced the group's biggest drop in production. Saudi Arabia and the United Arab Emirates made smaller reductions as they both have export routes bypassing the Strait of Hormuz. Only two OPEC nations -- Venezuela and Nigeria -- raised output during the month, the survey found. March's OPEC output is the lowest by the whole group since June, 2020.