Published On: Tue, Sep 18th, 2018

#Iran accuses #Russia and #SaudiArabia of taking the world’s crude oil market ‘hostage’ –  “It is a fact that #OPEC is losing its organizational character and is becoming a forum, Simply said, nobody is afraid of a toothless lion that growls from time to time and does not harm anyone.”

A leading Iranian energy official recently accused Russia and Saudi Arabia of taking the world’s crude oil market “hostage” in reaction to the Trump administration’s effort to kill Tehran’s oil exports.

“Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage,” Iran’s OPEC governor, Hossein Kazempour Ardebili, said on Saturday.

Earlier this month, when Iranian Supreme Leader Ayatollah Ali Khamenei met in Tehran with Russian President Vladimir Putin, he asked Moscow to cooperate with Tehran and “restrain” the United States.

Read more Source: Iran accuses Russia and Saudi Arabia of taking the world’s crude oil market ‘hostage’ – Washington Times

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