Iraq has contingency plans for any stoppage of Iranian gas imports for its power grid but hopes no such disruption will take place, Oil Minister Thamer Ghadhban said on Thursday. I He also said a meeting of OPEC’s ministerial monitoring committee in Saudi Arabia this weekend would assess member states’ commitment to a deal reducing oil production and that oil prices and markets were now stable. “It’s still too early to predict what will be decided,” Ghadhban told a news conference when asked whether the Organization of the Petroleum Exporting Countries and its oil-producer allies could extend the output cut or boost supplies. The gathering on Sunday in Jeddah may issue a recommendation ahead of OPEC’s policymaking meeting with its allies next […]