Iran's OPEC governor sees oil prices to reach $ 140

8 Jun 2018 12:18 PM

Hossein Kazempour, Iran's OPEC governor, made the following statement:

  • No one in OPEC will accept any sanctions against two founding members.
  • It is crazy and astonishing that the United States asks Saudi Arabia to cover the shortfall in Iranian oil exports.
  • I expect oil prices to reach $140 a barrel due to US sanctions and Venezuela worries.

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