Tuesday 23 October 2018
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1 months ago

OPEC chief: Cartel must stay together as US sanctions Iran

FUJAIRAH, United Arab Emirates --- The Organization of the Petroleum Exporting Countries (OPEC) must stick together for the good of the global economy as founding member Iran faces renewed sanctions from the United States, the head of the cartel said Tuesday --- though he did not address how an already-tight market will make up for the loss of Iranian supply. Mohammed Sanusi Barkindo also said an agreement between OPEC and non-members that cut production and helped bring prices back up from lows of

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