11 September 2018 - 15:27
Iran sanctions fueling OPEC tensions

TEHRAN, Sep. 11 (MNA) – Iran suffers a sharp drop in oil sales since March 2016, fueling OPEC tensions, UK-based Bloomberg reported.

Meanwhile, rising output from other OPEC members is fueling tensions within the producer group that could come to a head at a meeting in Algeria later this month.

That is the lowest since March 2016, and down 28 percent from April, the last month before Donald Trump announced that he was withdrawing from the Iran nuclear deal and re-imposing sanctions.

MA/PR

News Code 137679

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