Oil prices under pressure: Why producing countries are changing their strategy

The oil price recently fell to a new four-year low. Not only global uncertainties but also unresolved tariff disputes are weighing on growth prospects and thus also on the oil price. After all, oil is considered an important indicator of global economic development. Nevertheless, some oil-producing countries want to expand their production. What consequences would this have for the oil price, and what are the reasons for this unusual step?