OPEC members at their next regular meeting in June should prioritize measures aimed at protecting members targeted by sanctions, Iran’s oil minister said. The Iranian government is busy courting European, Russian and Chinese leaders for continued support of the U.N.-backed agreement that offered sanctions relief in exchange for nuclear commitments from Tehran. U.S. President Donald Trump pulled his country out of the agreement May 8, meaning U.S. sanctions pressures could force the deal to collapse without effective countermeasures. Iranian Oil Minister Bijan Zangeneh called on his Emirati counterpart to put a sanctions measure on the agenda for the next regular meeting for members of the Organization of Petroleum Exporting Countries in June. The minister pointed to Article 2 of the OPEC statute that […]