Gaining influence in a severely weakened organization:
“Iran’s oil minister has taken on a more powerful role among the world’s biggest energy producers in recent months, as his country attempts an economic comeback with petroleum sales following the end of Western sanctions in January.
Mr. Zanganeh, 63 years old, has now broken up several attempts to reduce a flood of crude oil from both OPEC, which includes Iran, and nonmembers like Russia and the U.S. The glut pushed oil prices to new lows over the winter, but Iran sees production-cap proposals as an effort to rein in its resurgent oil sales.”
Here is the link: http://www.wsj.com/articles/iranian-oil-minister-gains-influence-in-opec-1464928201
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