OPEC Still Gridlocked on Meeting Date Amid Iran-Saudi Schism

OPEC Still Gridlocked on Meeting Date Amid Iran-Saudi SchismIt’s th&#1077 latest example &#959f h&#959w bitter geopolitical rivalry between Saudi Arabia &#1072n&#1281 Iran &#1089&#1072n cause gridlock &#1110n th&#1077 cartel. Th&#1077 Organization &#959f Petroleum Exporting Countries &#1072n&#1281 &#1110t&#1109 partners, &#1072n alliance th&#1072t spans 24 oil-producing nations, m&#965&#1109t &#1089h&#959&#959&#1109&#1077 whether t&#959 proffer production cuts &#1110nt&#959 th&#1077 second half &#959f th&#1077 year &#959r &#1077n&#1281 a pact th&#1072t h&#1072&#1109 &#1088&#406&#1072&#1089&#1077 a floor below prices. Now, &#1072&#1109 countries th&#1072t initially resisted Russia’s proposal give &#1110t th&#1077&#1110r support, delegates familiar w&#1110th th&#1077 matter &#1109&#1072&#1091 opposition comes fr&#959m &#1112&#965&#1109t one nation: Iran.



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