Offshore

Iran says three OPEC members to veto Saudi-proposed supply boost

Iran says that Iraq and Venezuela will join it in blocking a move to increase oil output backed by Russia and Saudi Arabia when OPEC and its allies gather in Vienna this week.
Photo: Bloomberg
Photo: Bloomberg
by Grant Smith and Golnar Motevalli, bloomberg

Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that is backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week.

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