Nigeria Backs Oil Freeze Accord While Giving Iran Way Out

  • Iran, Iraq should be allowed to recover some lost market share
  • Nigeria's Kachikwu to meet with Saudi oil minister on Monday

Oil Freeze: Locking In High Supplies, Low Prices

Nigeria backed Saudi Arabia and Russia in freezing oil production while giving Iran and Iraq a way out to regain some of their lost market share due to sanctions and war.

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