Comments by Iran OPEC governor, Hossein Kazempour

  • No one in OPEC will accept sanctions against two founding members
  • It is "crazy and astonishing" that US asked Saudi Arabia to cover shortfall in Iranian oil exports

Interesting comment there. Feels like one which is more out of anger and rage than anything else though. The request by the US he is referring to is the one from earlier in the week here.

Oil is set to be a key focus in markets this month with OPEC and OPEC+ members set to meet in Vienna to discuss on global oil output and for any cuts in the current agreement. OPEC members will be in discussion on 22 June.