
Iran Focus
London, 18 Jun – Many have been saying that Iran is putting Saudi Arabia in a position where it cannot act. However, this is not true. There are a number of possibilities still open to Saudi Arabia even if Iran does go ahead and block an increase in OPEC’s oil production.
Iran is threatening to veto any proposal for more OPEC output and claims that it has the support of Venezuela and Iraq. Both Saudi Arabia and Russia are keen for output to be increased.
OPEC’s representative from Iran – Hossein Kazempour Ardebili – said yesterday that if Russia and Saudi Arabia want the production to increase, it must have unanimity.


