Iran Steps Up Offense in Oil Market War With Price Discount

  • Forozan Blend to Asia set at discount to Aramco's Arab Medium
  • Iran seeking to regain market share lost due to sanctions

Morning Meeting: Oil and the Doha Meeting

Iran ratcheted up its offense in the oil market after breaking a pricing tradition, signaling it’s seeking to win market share at a time when rival producers are trying to forge a deal on freezing output.

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