BREAKING NEWS

Iraqi oil minister: Middle East tension challenges stability of oil prices

Growing tensions in the Middle East pose a challenge to the stability of global crude oil markets, Iraq's oil minister said on Tuesday.
He said that OPEC's ministerial monitoring committee, known as the JMMC, must monitor markets to pave the way for a "new agreement" to be discussed at an upcoming OPEC meeting in Vienna to help stabilize markets and support prices.