An impromptu agreement between the United States and Saudi Arabia to add more supply to increasingly tight oil markets is perceived as a test of the kingdom’s ability to pump more crude — and could further antagonize Iran and Venezuela, as both countries grapple with deteriorating conditions in their respective economies.
Showing posts with label How a surprise deal to boost world oil supply could 'stir the pot' in the Middle East. Show all posts
Showing posts with label How a surprise deal to boost world oil supply could 'stir the pot' in the Middle East. Show all posts