Business Recorder - World - Asia https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Fri, 14 Aug 2026 07:36:58 +0500 Fri, 14 Aug 2026 07:36:58 +0500 60 Iran sees no need for OPEC meeting even for $120 oil https://www.brecorder.com/news/2039/iran-sees-no-need-for-opec-meeting-even-for-120-oil <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/iran.jpg" width="400" height="267" />TEHRAN: Iran's oil minister said on Sunday there would be no need for an emergency meeting even if the oil price hits $120 per barrel, semi-official Mehr news agency reported.</p> <p class="MsoPlainText">"Even with a $120 oil price there is no need for holding an emergency meeting," said Massoud Mirkazemi.<br /> <Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> TEHRAN: Iran's oil minister said on Sunday there would be no need for an emergency meeting even if the oil price hits $120 per barrel, semi-official Mehr news agency reported.

"Even with a $120 oil price there is no need for holding an emergency meeting," said Massoud Mirkazemi.

Copyright Reuters, 2011

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