Derek Brower in New York and David Sheppard in London

The surprise move by Riyadh and its Opec+ allies to cut more crude from supply is an effort to shore up oil prices despite swirling worries about the global economy’s health.

Opec’s gamble: Can the global economy cope with higher oil prices?

Led by a confident Saudi Arabia, the cartel wants to boost its revenues. But persistent inflation could result in weaker demand