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Showing Solidarity With Qatar or Stabbing Russia in The Back: Understanding Iran's Rejection of OPEC+ - Eurasia Future
Iran’s Petroleum Minister Bijan Zangeneh just announced that his country will not participate in the format widely known as OPEC+, a commercial alliance between OPEC and major oil producers from outside of the OPEC cartel. In practical terms, OPEC+ is driven by the leadership of de-facto OPEC leader Saudi Arabia and …