OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year.

OPEC gearing up for deeper oil cuts, Russia yet to agree

Iran seized an Iraqi oil tanker. Iran claimed that it was smuggling oil to the Arab States. This seizure may escalate tensions of Iran with the U.S . & allies.

Iran's claim: Iraqi tanker was carrying 'smuggled fuel'

iraqi-oil-tanker

Iraqi Oil Tanker, News on Iraqi Oil Tanker, stories on Iraqi Oil Tanker, articles on Iraqi Oil Tanker, Iraqi Oil Tanker stories at Wion, Iraqi Oil Tanker news, Iraqi Oil Tanker latest news

iraqi oil-tanker

OPEC gearing up for deeper oil cuts, Russia yet to agree

Iran's claim: Iraqi tanker was carrying 'smuggled fuel'