FILE PHOTO: Iran's OPEC governor Hossein Kazempour Ardebili speaks to journalists at a news conference in Tehran, Iran March 7, 2005. REUTERS/Morteza Nikoubazl/File Photo
LONDON (Reuters) - Iran said on Tuesday U.S. President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by U.S. sanctions on Iran, after OPEC production rose only modestly in July.
The comments, from Iran’s OPEC governor, came a day after a Reuters survey showed OPEC production rose by 70,000 barrels per day in July. Saudi production increased but was offset by a decline in Iranian supply due to the restart of U.S. sanctions, the survey found. [OPEC/O]
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