OPEC plans no immediate action after Iran urges Israel oil embargo, sources say
© Reuters. Iranian Foreign Minister Hossein Amirabdollahian speaks during a joint press conference with Lebanon's caretaker Foreign Minister Abdallah Bou Habib in Beirut, Lebanon October 13, 2023.
"The GCC works as a clear and honest partner as an oil exporter with the international community and we can't use that as a weapon in any way possible," Jasem al-Budaiwi said. While Western countries were the main buyers of crude produced by the Arab countries at the time, nowadays Asia is the main buyer of OPEC's crude.
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