Iran oil sanctions: Saudi ready to boost supplies
Filed on November 4, 2018 | Last updated on November 4, 2018 at 10.50 pm/ The kingdom could turn to its huge strategic reserves of around 300 billion barrels to meet global demand./ With Washington poised to curtail Iran's oil exports, Opec heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, The renewal of sanctions on the Islamic republic comes at a time of major supply disruptions in several producer nations and as US President Donald Trump aims to prevent an oil price hike ...
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