13 iunie 2018

Iran supply gap to dominate OPEC

news.kuwaittimes.net

PARIS: An oil production shortfall in Iran and Venezuela may force OPEC and Russia to decide later this month to open their taps, the International Energy Agency said yesterday. Even if the supply gap, triggered by the return of US sanctions on Iran and a major political crisis in Venezuela, is plugged, the oil market will likely remain vulnerable to disruption next year, the IEA warned. US President Donald Trump in May announced he would pull out of a landmark 2015 nuclear agreement with Iran [...]