Saudi to Join Oil Output Freeze Only if Iran Joins



Reuters

LONDON, April 1 (Reuters) - Saudi Arabia will agree to freeze crude oil production levels only if Iran and other major producers do so, the kingdom's deputy crown prince said in an interview with Bloomberg.

Iran has said it will not join fellow OPEC and non-OPEC members in a plan to be discussed in a Doha conference on April 17 to freeze oil production in an attempt to boost prices.

Iran seeks to revive its oil industry following the lifting of international sanctions.

"If all countries including Iran, Russia, Venezuela, OPEC countries and all main producers decide to freeze production, we will be among them," Mohammed bin Salman said.

(Reporting by Ron Bousso; editing by Jason Neely)



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