OPEC+ members announced their support for a steep cut in oil production following the United States’ accusation against Saudi Arabia of coercing other nations to back the move. The decision entailed that starting in November, production will be cut to two million barrels of oil a day. Bahrain and Oman released statements on Sunday claiming the decision by OPEC+ was made following a “consensus” after Washington accused Riyadh of pressuring smaller nations to agree to the oil production cut. “The decision was made following specialised technical studies related to global oil market developments,…