How will OPEC respond to a rise in Iran’s oil output?

“Nader Habibi, professor of economics at Brandeis University, describes the tension between Iran’s goal of increasing its share of the world oil market once sanctions are lifted and OPEC’s desire to maintain a stable price for crude. He predicts that tensions between Saudi Arabia and Iran may drive OPEC to allow the price of oil to drop over the next few years.”

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