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Saudi-Iran tensions threaten oil deal

Saudi Arabia wants all Opec members to take part in output freeze but Iran seeks to regain market share after the lifting of Western sanctions

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Saudi's Deputy Crown Prince said the kingdom would restrain output only if Iran agreed to a freeze.

Doha

SAUDI Arabia demanded on Sunday that Iran join a global deal on freezing oil output, jeopardising an agreement between Opec (Organization of the Petroleum Exporting Countries) and non-Opec producers that was supposed to help ease a glut and prop up the price of crude.

Some 18

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