A Top oil exporter Saudi Arabia faces a dilemma when setting its monthly export prices this week, as rival producer Iran ramps up crude shipments into an already oversupplied market. Export prices set by state oil giant Saudi Aramco could offer a glimpse into whether the Organization of Petroleum Exporting Countries’ kingpin will continue a strategy of keeping output high and defending market share even with global benchmark prices around $30 a barrel. Saudi Arabia’s economy has suffered from low oil prices, and the entry of new Iranian crude into the market will only intensify its economic problems. Following the lifting of Western sanctions against Iran last month, Tehran has moved quickly to restore relations with buyers, ordering a rise in oil […]