Saudis soften oil stance on Iran

Opec might still agree an oil output-limiting deal later this year after failing to do so in Algeria this week as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran.

Saudi Oil Minister: Khalid al-Falih
Saudi Oil Minister: Khalid al-Falih
Published 28 September 2016, 12:00Updated 25 October 2016, 15:01
Middle EastNorth Africa