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Iran OPEC governor: Oil prices are higher in favor of Russia and Saudi Arabia

Updated: 12 Sep. 2018 | 20:54

In an interview with S&P Global Platts, Hossein Kazempour Ardebili, Iran’s OPEC governor, said: “”Oil prices are getting higher in favor of Russia and Saudi Arabia while the US is punishing its allies.”

“The US’ only choice is to appeal to Russia and Saudi to produce more. They already started in Washington and Moscow, but seems they cannot do more,” governor further added.

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