Live Update 
From the Liveblog of
Tuesday, February 23, 2016
From the Liveblog of
Tuesday, February 23, 2016
Iran dismisses oil freeze as ‘very funny joke’
Add ToI as a Preferred Source on GoogleIran’s oil minister on Tuesday dismisses an output freeze deal between the world’s top two producers Saudi Arabia and Russia as “a joke,” the ISNA news agency reports.
“Some neighboring countries have increased their production over the years to 10 million barrels per day and export this amount, then say let’s all freeze our oil production,” Bijan Zanganeh says.
“They freeze production at 10 million bpd and we freeze at 1 million bpd. This is a very funny joke.”
— AFP
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