April 18, 2016

KNOWING YOUR ALLIES:

Iran helps sinks coordinated effort to boost oil prices (Peter Weber, 4/18/16, The Week)

Iran, which just started shipping oil to Europe again after the end of sanctions, decided to cancel its participation in the meeting late Saturday. Tehran bowed out "as we are not part of the decision to freeze output," Oil Minister Bijan Namdar Zangeneh said on state television. "We can't cooperate with them to freeze our own output, and in other words impose sanctions on ourselves." 

Posted by at April 18, 2016 5:16 PM

  

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