Iran says that other oil producers can't replace its sanctioned exports
Comments by Iran's OPEC envoy
- Sanctions on Iran oil could mean a 1.3 mil bpd supply gap
- Oil prices will rise above $80 per barrel
Iran continuing to maintain their stance that they do not want Saudi Arabia or any other OPEC nations to cover their shortfall when US sanctions kick in. This is going to be one of the main talking points in the OPEC+ meeting in Algiers over the weekend.