Iran asks OPEC to 'refrain' from unilateral production hikes
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July 1, 2018
TEHRAN, Iran (AP) — Iran on Sunday asked fellow OPEC members to "refrain from any unilateral measures" to increase oil production beyond the 1 million additional barrels of crude a day it already agreed to, a warning to Saudi Arabia after President Donald Trump said the kingdom would increase production.
The Iranian warning, in a letter to the United Arab Emirates' energy minister, comes as Tehran faces a U.S. push to get its allies to stop buying its oil as part of Trump's decision to pull America from the nuclear deal with world powers.
Meanwhile, Iran's first vice president said the country...
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