Global Oil Output Freeze Plan “Acceptable” For Iraq

By John Lee.

Finance Minister Hoshiyar Zebari (pictured) has said that Iraq is inclined to accept a global deal to freeze oil production in order to lift crude oil prices.

He told Reuters:

“The idea of a freeze in production is I think acceptable to all parties, even to us.

“Everybody is suffering from this decline in oil prices.

(Source: Hellenic Shipping News Worldwide)

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