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However, Iran—whose refusal

However, Iran—whose refusal to restrict output precipitated a comparable assembly to break down in April—will now not join the discount, a main concession from OPEC kingpin and bitter rival Saudi Arabia. Details of the cuts will be agreed on the institution’s twice-yearly meeting on November 30. “Today OPEC has taken a ancient decision,” stated AlgerianContinue reading “However, Iran—whose refusal”

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