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Iran says U.S. pressures on Iran, Venezuela making oil market fragile

Reuters Sunday, 14 April 2019
Iran's oil minister said on Sunday that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile, and warned of consequences for increasing pressures on Tehran.
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News video: Iran Says U.S. Pressures On Iran, Venezuela Making Oil Market Fragile

Iran Says U.S. Pressures On Iran, Venezuela Making Oil Market Fragile 00:32

According to Reuters, Iran’s oil minister said that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile. Oil prices have risen more than 30 percent this year on the back of supply cuts led by OPEC and U.S. sanctions on oil...

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