saudi iran opec

Saudis Pledge Not to Shock Oil Markets as OPEC Clash Looms

By Reem Shamseddine, Rania El Gamal and Alex Lawler VIENNA, June 2 – Saudi Arabia promised on Thursday not to flood the oil market with extra barrels as OPEC entered a heated debate about production policy, with Iran insisting on the right to raise output steeply. Tensions between the Sunni-led kingdom and the Shi’ite Islamic

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