Iranian Oil Minister Rostam Ghasemi said Thursday that Tehran had communicated to OPEC its objection to overproduction by some members, including Saudi Arabia, and warned that relations with the OPEC kingpin would be affected if Riyadh does not comply.
"It is our right as an OPEC member to object if production goes beyond the approved [OPEC] ceiling and I have communicated this to OPEC," Ghasemi told a Tehran news conference when asked to react to reports that Saudi Arabia would make up for the loss of Iranian crude oil as a result of EU sanctions.
"But some countries have not complied with this and Saudi Arabia is among them and this will definitely affect our oil interactions with them," he added.
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