The decision by Washington to not extend waivers on Iranian crude oil imports will be a key topic of discussion when OPEC members meet in Jeddah in May, and any decision on output will be made only after reviewing prices, Kuwait’s oil minister Khaled Al Fadhel said Tuesday. “I am sure the topic of American sanctions will be a hot topic to be discussed [at the Joint Ministerial Monitoring Committee meeting in Jeddah in May],” Fadhel told reporters during a visit in Tokyo. “A decision will be made only after the review of [oil] prices and how that influences the prices,” Fadhel said when he was asked to comment whether OPEC will review its output policy after the US announcement on Monday to end all waivers from Iran oil sanctions due to expire May 2. “Kuwait as […]