U.S. Said to Have Received Saudi Assurances on Ample Oil Supply - Bloomberg

The U.S. has received assurances from Saudi Arabia, the United Arab Emirates and Kuwait that they would raise oil production to help offset the effect of economic sanctions on Iranian exports, according to participants in discussions between the U.S. and oil-producing countries.
While there have been no formal requests, negotiations or agreements for increased output, the U.S. officials said they are confident that the Saudis and the UAE will boost production enough to prevent a dramatic increase in oil prices.

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