If Saudi Arabia commits to increase oil production for Trump's Iran sanctions policy, it could destroy the kingdom's leverage in OPEC.
news article reports only that the U.S. was negotiating with Saudi Arabia and UAE to increase oil production, not that there was an agreement., U.S. Secretary of State Mike Pompeo may announce as early as Monday, April 22 that the United States will no longer grant exemptions to countries importing Iranian oil in contravention of the U.S. sanctions.
If Saudi Arabia comes into the June meeting in Vienna already having made a commitment to the United States that it will produce at a certain level, then it loses any leverage to compel other countries to control production. Even if Saudi Arabia does not have such an agreement with the United States, but the world believes that Saudi Arabia does, the kingdom's negotiating power in Vienna will be hampered.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Iraq to host regional rivals Iran and Saudi Arabia at conferenceIraq will host senior parliamentary officials from arch-rivals Saudi Arabia and ...
Consulte Mais informação »
Iraq hosts regional rivals Iran and Saudi Arabia at conferenceIraq hosted senior parliamentary officials from arch-rivals Saudi Arabia and Ira...
Consulte Mais informação »
Saudi can raise oil output but will assess impact of Iran waivers ending: sourceSaudi Arabia is willing to compensate for any potential loss of crude supply if ...
Consulte Mais informação »
Saudi can raise oil output but will assess impact of Iran waivers ending - sourceSaudi Arabia is willing to compensate for any potential loss of crude supply if ...
Consulte Mais informação »
Can Iraq bring Iran and Saudi Arabia together? Rivals to meet, along with Syria and other neighborsIran, Iraq, Jordan, Kuwait, Saudi Arabia, Syria and Turkey were set to meet in what would be a rare display of unity at a time when conflicts, competing interests and foreign influence had left it deeply divided.
Consulte Mais informação »
Exclusive: Dispute flares among U.S. officials over Trump administration Iran arms control reportExclusive: U.S. officials clash over a White House report on arms control, with some wondering if the Trump administration was painting Iran in the darkest light possible
Consulte Mais informação »
Iran says its armed forces are not a regional threat, calls for unity against U.S.President Hassan Rouhani said on Thursday that Iranian armed forces were not a t...
Consulte Mais informação »
Iran says its armed forces are not a regional threatPresident Hassan Rouhani said Iran's armed forces did not pose a threat to ...
Consulte Mais informação »
Russia, China and Iran warn the U.S. won't tell them or Latin America what to do'Such behaviors are really beneath their dignity,' China's Foreign Ministry spokesperson said. 'Mr. Pompeo might as well take a break.'
Consulte Mais informação »
Instagram blocks accounts of Iran Guards commandersInstagram blocks accounts of several Iranian Revolutionary Guards commanders, saying it is complying with US sanctions
Consulte Mais informação »
Turkey expects US sanctions waivers on Iran oil, Russia armsTurkey's presidential spokesman Ibrahim Kalin says Ankara expects US President Donald Trump to issue a waiver to exempt the country from any economic penalties, should it take delivery of the Russia-made S-400 system.
Consulte Mais informação »