Iran's representative at OPEC+ said the organization had little room to resume previous production cuts. “This price-supporting strategy has actually encouraged countries outside the group to increase supply,” Iran's OPEC director Afshin Javan said in an article published in the official Shana news agency. “As a result, OPEC+ has very limited room for maneuver to ease production restrictions.”

Iran's representative at OPEC+ said the organization had little room to resume previous production cuts. “This price-supporting strategy has actually encouraged countries outside the group to increase supply,” Iran's OPEC director Afshin Javan said in an article published in the official Shana news agency. “As a result, OPEC+ has very limited room for maneuver to ease production restrictions.”