![]() The Guardian |
Iran-Oil Sanctions Risk Biggest OPEC Export Loss Since Libya
Businessweek The reduction in Iranian exports may become the biggest supply disruption from a member of the Organization of Petroleum Exporting Countries since an armed rebellion all but halted pumping in Libya last year, according to the International Energy … Kenya agrees to buy Iran oil, silent on sanctions |



OPEC ministers gather this week in Vienna to review cartel’s oil output levels against the backdrop of a weak global economy, fragile demand, oversupply and simmering Iran tensions. The Organization of Petroleum Exporting Countries (OPEC), whose 12 member nations pump one third of the world’s crude supplies, will meet on Thursday in the Austrian capital where the cartel is headqua