Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last November, Reuters reports , citing a source that remained unnamed. However, the source added that Riyadh will not rush into a reversal of the cuts. It will first examine the effect of the sanction waiver cancelation before it decides how to respond to it. Saudi Arabia will not be alone in this, it seems. Soon after Reuters released its report on Riyadh’s plans, it followed up with a quote from a spokesman for Iraq’s oil ministry. The official said no single OPEC member should be allowed to make a unilateral decision on production changes while the OPEC+ deal is still in effect. Asked whether OPEC’s second-largest producer was ready to start pumping more oil, the spokesman said “Iraq does not take a unilateral decision […]