U.A.E. Sees OPEC Oil Capacity ‘Buffer’ Offsetting Iran Sanctions
Mahmoud Habboush, Anthony Dipaola, and Tracy Alloway, Bloomberg
May 14, 2018
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OPEC has enough spare production capacity to cushion oil markets as the U.S. re-imposes sanctions on Iran, according to United Arab Emirates Energy Minister Suhail Al Mazrouei.