Rifts test Opec’s co-operative worth - FT.com:
"Differing views about who should bear the brunt of oil production cuts to lift prices forced Opec to default to its existing policy to keep on pumping last week. This has laid bare the gaping divide between Saudi Arabia and its arch rival Iran.
The war of words that has evolved, in public and private, illustrates a conflict that is only set to intensify as more Iranian barrels make their way to international markets after sanctions linked to its nuclear programme are lifted."
'via Blog this'
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