Top Oil Producers Strike a Deal

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After days of discussion and negotiations, OPEC members and allied non-members, including Russia and Mexico, finalized a deal to cut oil production by 9.7 million barrels per day for the next two months. Meanwhile, the ongoing coronavirus pandemic has raised the specter of possible food shortages, with reports that Smithfield Foods, the worlds biggest pork processor, will shut a US plant indefinitely after employees have been infected with COVID19.

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