OPEC+ is expected to consider increasing oil production by 137,000 barrels per day in April, according to three sources familiar with the group’s internal discussions.

The potential move comes as the alliance prepares for peak summer demand and amid rising oil prices fueled by escalating tensions between the United States and OPEC member Iran, The Caspian Post reports, citing Reuters.

Resuming output hikes after a three-month pause would enable leading producer Saudi Arabia and members such as the United Arab Emirates to reclaim market share. This comes at a time when other OPEC+ participants, including Russia and Iran, continue to face Western sanctions, while Kazakhstan works to recover from a string of production disruptions.

Eight key OPEC+ producers - Saudi Arabia, Russia, United Arab Emirates, Kazakhstan, Kuwait, Iraq, Algeria and Oman - are scheduled to meet on March 1 to discuss output policy.

In a related development, Saudi Arabia has reportedly activated contingency plans to temporarily boost oil production and exports in the event that a potential U.S. strike on Iran disrupts crude flows from the region. Two sources familiar with the matter said the measures are designed to stabilize supply if Middle East exports are affected.

Meanwhile, U.S. President Donald Trump has stated that he is weighing the possibility of military action against Iran as part of efforts to pressure Tehran into reaching an agreement to curb its nuclear program.