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Report: Iran Says Some OPEC Members Act in Accordance with US Policy


FILE - Iran Oil Minister Bijan Zanganeh talks to journalists at the beginning of an OPEC meeting in Vienna, Austria, June 22, 2018.
FILE - Iran Oil Minister Bijan Zanganeh talks to journalists at the beginning of an OPEC meeting in Vienna, Austria, June 22, 2018.

Iranian Oil Minister Bijan Zanganeh said some members of oil producer group OPEC were acting in accordance with U.S. policies, Iran's Khaneye Mellat
news agency reported on Friday.

"Some members are interpreting the latest OPEC decision on oil output differently ... and are acting in accordance with the policies of the U.S.," the agency quoted Zanganeh as saying.

The Organization of the Petroleum Exporting Countries agreed with Russia and other oil-producing allies in June to raise output from July, with Iran's arch-rival Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers.

Iran told OPEC this month that no member country should be allowed to take over another member's share of oil exports, expressing concern about a Saudi offer to pump more crude amid U.S. sanctions on Iranian oil sales starting in November.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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