The global deal between the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC producers on freezing crude oil output faces fresh hurdles with Saudi Arabia’s demand yesterday that Iran must join the agreement to end the glut in the oil market and stabilise prices.
The meeting between OPEC and non-OPEC producers ran into last-minute hitch in Doha, Quatar, yesterday due to what looked like a new spike in tension between Saudi Arabia and Iran.
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