Key facts
- OPEC+ has agreed to deeper production cuts.
- The decision aims to stabilize the oil market.
- Concerns over global demand and supply influenced the decision.
- Oil prices saw a significant surge following the announcement.
- The EIA and API will release their weekly oil inventory reports.
Taylor Farms has expanded its voluntary recall of iceberg lettuce products sourced from central Mexico due to a potential link to a multistate cyclospora outbreak. The recall affects products shipped to 27 states, with the company actively removing implicated items and halting sourcing from a specific lot. U.S. health officials identified lettuce from a Mexican supplier as a source of contamination affecting Taco Bell restaurants in five Midwestern states. The recalled products, including 25 shredded lettuce and salad mix items sold under eight different brand codes, have 'best by' dates as late as August 3. Sysco, a major food distributor, has stopped distributing Taylor Farms iceberg lettuce from Mexico and advised customers to destroy it. Cyclospora, a parasite that infects food through contact with human feces, causes intestinal illness characterized by frequent bowel movements. The CDC has reported at least 1,645 illnesses and 141 hospitalizations in the U.S. in 2026, with Michigan alone reporting 6,148 cases and 102 hospitalizations. The FDA previously stated that a positive Cyclospora test result for a Taylor Farms lettuce sample was a false positive and apologized to the company, though traceback investigations continue to point to Taylor Farms lettuce from central Mexico. The FDA has begun testing produce samples at the U.S. border. Cyclospora is difficult to trace due to its long incubation period and inability to be cultured in labs.