Tehran, July 17 : Iranian Minister of Petroleum Bijan Namdar Zanganeh said Monday that the Organization of the Petroleum Exporting Countries (OPEC) would suffer if its members do not adhere to their commitment regarding the oil output.
The decision made at the 174th OPEC Conference did not grant the member states the right to exceed their production level above the allocated quota, or the right to redistribute the production cut quota among the members, said Zanganeh in a letter to OPEC President Suhail Mohamed Al Mazrouei, Xinhua reported.
However, according to the OPEC's latest monthly report, some member countries' production level in June 2018 was far above the agreed production level allocated to them, Zanganeh said.
This is a violation of their commitment, he said, adding that "we are concerned that this violation may continue in the remaining months and in contradiction with the agreement adopted at the OPEC conference."
The US State Department announced in June that the United States had been pushing its allies to stop oil imports from Iran by November 4.
US President Donald Trump asked Saudi Arabia to increase its oil exports to compensate for the shortage in the market demand in case Iran's crude exports drop.
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Ottawa: Canadian Prime Minister Justin Trudeau has come under criticism after a video of him dancing at a Taylor Swift concert in Toronto went viral, coinciding with violent protests in Montreal.
The footage, shared widely on social media, shows Trudeau enjoying the performance at the Rogers Centre on November 23. While the concert featured hits like "You Don’t Own Me," Montreal witnessed unrest as anti-NATO demonstrators clashed with police, set vehicles on fire, and burned an effigy of Israeli Prime Minister Benjamin Netanyahu.
Social media users criticised Trudeau’s presence at the concert during the crisis, with some comparing his actions to Nero’s alleged indifference during Rome's burning.
The Montreal protests occurred during the ongoing NATO summit in the city, which focused on issues such as Ukraine and climate change. Demonstrators carried Palestinian flags and set off smoke bombs, with at least four arrests reported.
As violent protests broke out in #Montreal, #Canadian Prime Minister #JustinTrudeau was filmed dancing at a #TaylorSwift concert in #Toronto
— Hindustan Times (@htTweets) November 24, 2024
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