Iran, against which the US can restore sanctions, opposed the increase in oil prices. As Bloomberg reports, this is a signal of a split with other OPEC members. Iran’s political rival, Saudi Arabia, supports OPEC’s readiness to continue the tightening of the oil market. Iranian oil minister Bijan Zanganeh said that his country supports “reasonable” oil prices and is not a supporter of more expensive oil. The “right price” for crude is the price from $60 to $65 per barrel, his deputy Amir Hossein Zamaninia said. Saudi Arabia wants the price of oil to approach $80 per barrel. The next meeting of the OPEC countries is to be held next month in Vienna.
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The oil market showed a moderate decline on Monday