Iran Exempt from OPEC 1.2m bpd Output Cut

OPEC concluded its 175th meeting with an accord to remove 1.2 million barrels a day of crude from the market, with non-OPEC allies including Russia taking a 400,000 barrel-a-day share.

Iran is exempt from the output cut deal, Iran Oil Minister Bija…

OPEC concluded its 175th meeting with an accord to remove 1.2 million barrels a day of crude from the market, with non-OPEC allies including Russia taking a 400,000 barrel-a-day share. Iran is exempt from the output cut deal, Iran Oil Minister Bijan Namdar Zanganeh told reports following the...