From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News.
Oil production, prices and politics require a delicate balance.
Donald Trump is urging oil producing countries except Iran to boost output.
He hopes that will keep prices low – and motorists happy with cheaper fuel – as he tries to force the Iranians out of the market.
Trump’s pressuring allies to stop buying Iranian oil as a tactic to make Iranian leaders negotiate a new nuclear deal, after he pulled out of the 2015 agreement two months ago.
Iran says it will find ways to export its oil, despite what he does. So, how much support can Trump garner for his economic assault against Iran?