How Will OPEC Respond To Iran’s Call For Action Against U.S. Sanctions?

Iran called on all members of the OPEC oil cartel last week to take united action against the U.S.’s ramping up of sanctions on the Islamic Republic. The statement from its President Masoud Pezeshkian followed Donald Trump’s instruction to his key cabinet colleagues to increase sanctions on Iran to reduce its oil exports to zero. President Trump had earlier called for Saudi Arabia and OPEC to increase their oil production to push oil prices down. So how will OPEC members respond to Iran’s call to action and what is the West’s…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com