deal to freeze oil output in balance amid saudi arabia iran standoff /

Published at 2016-04-17 13:47:30

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assembly of Opec and non-Opec members to try to bolster oil prices hinges on cooperation of Riyadh’s arch-rival TehranA landmark agreement designed to buoy the price of oil is in the balance on Sunday night as the world’s major producers struggle to finalise their plans to freeze production.
The first deal in 15 years was reported to be running into difficulty after Saudi Arabia – the largest exporter of oil – demanded that Iran join an agreement to freeze output.
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Source: theguardian.com

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