Live Update
From the Liveblog of
Wednesday, April 24, 2019
Saudi Arabia says no immediate plan to raise oil output after Iran waivers end
Saudi Arabia does not plan to immediately raise oil output after the United States ends sanction exemptions for buyers of Iranian crude, energy minister Khalid al-Falih says.
“(Global) inventories are continuing to rise despite what’s happening in Venezuela and tightening sanctions on Iran,” Falih tells a finance conference in Riyadh.
“So I don’t see the need to do anything immediately.”
— AFP
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here







