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- Saudi Arabia will join a deal to freeze the oil output regardless of Iran’s participation
Saudi Arabia will join a deal to freeze the oil output regardless of Iran’s participation
The Financial Times reported on Tuesday that according to a senior OPEC delegate, Saudi Arabia will join a deal to freeze the oil output regardless of Iran's participation.
Iranian Oil Minister Bijan Zanganeh said this month that the country was not ready to freeze its oil output until output of 4.0 million barrels a day was reached.
OPEC and non-OPEC countries plan to meet in Doha on April 17 to discuss the freeze of the oil production. OPEC secretary-general Abdullah Al Badri said on Monday that about 15 or 16 countries will participate in that meeting.
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