International financial newsOPEC+ cancels plans to meet on Monday to maintain current production levelsDelegates from the Organization of the Petroleum Exporting Countries (OPEC +) cancelled plans to hold a ministerial meeting on Monday after no agreement was reached. A delegate said no date has been set for another meeting and OPEC+ will continue to maintain its current production quota.2, [Iraqi Oil Minister: Iraq does not want to see oil price war, hope to see the next OPEC+ meeting date in the next 10 days]3. [US officials urge Opec + members to find compromise]According to White House officials, the Biden administration is urging Opec + to find a compromise solution to increase oil production. Earlier, Opec + canceled its meeting on Monday. A White House spokesman said on Monday that while the United States was not a party to the talks, it was "closely monitoring the Opec + talks and their impact on the post-pandemic global economic recovery." Administration officials have reached out to governments to urge a compromise that would allow the proposed increase to go ahead.4, [The UK plans to no longer implement social distancing measures from July 19]British Prime Minister Boris Johnson announced plans to end social distancing measures and restrictions on the number of people at venues on July 19, saying people must learn to live with the virus. Wearing a mask at all times will be voluntary, and the government will no longer instruct people to work from home. At this point, the UK's response to the pandemic has undergone a decisive shift from legal requirements to individual responsibility. All remaining businesses, including nightclubs, were allowed to reopen, and businesses were not required to ask for proof of vaccination or testing before allowing customers in. A final decision needs to be made by July 12.5, [European Central Bank Vice President Guindos: Eurozone inflation may reach 3% in the fourth quarter of 2021, but the increase will be temporary, we must ensure that the inflation increase is not a permanent phenomenon]