OPEC Agrees Modest Hike in Oil Supply After Iran Softens Stance

The United States, China and India had urged OPEC to release more supply to prevent an oil deficit that would hurt the global economy. Saudi Arabia and Russia said they were happy to pump more but Iran had criticised the idea as it faces export-crippling U.S. sanctions.

from Top Business News- News18.com https://ift.tt/2tr9kTl