Iran Rejects OPEC Compromise on Production Increase

The transcript discusses the potential for a clash at the upcoming OPEC meeting in Vienna, with Iran's oil minister expressing doubts about reaching a consensus. Iran emphasizes OPEC's independence from the U.S., particularly President Trump. Bloomberg's Annmarie Hordern provides analysis, noting that Saudi Arabia and Russia have increased production. The main question is whether a consensus can be reached, despite Iran's potential veto.

What is the main concern of the Iranian oil minister regarding the OPEC meeting?

• The technological advancements in oil extraction

• The potential increase in oil prices

• The influence of American policies on OPEC decisions

• The environmental impact of oil production

What is the stance of the Iranian oil minister on following instructions from President Trump?

• He is unaware of them

• He is neutral about them

• He opposes following them

• He supports following them

According to Annmarie Hordern, what might happen even if no deal is reached at the OPEC meeting?

• Oil production will likely increase

• Oil production will decrease significantly

• Oil production will remain the same

• Oil production will be halted

What is the key question regarding the OPEC meeting's outcome?

• Whether oil demand will increase

• Whether new members will join OPEC

• Whether a consensus can be reached

• Whether oil prices will drop

What is the potential challenge for Saudi Arabia and Russia in the OPEC meeting?

• Decreasing oil demand

• Reducing oil production

• Gaining enough support for a consensus

• Increasing oil prices