West pondering ‘oil buyers club’ to pressure OPEC

May 11th 2022 8:38pm EDT

Italy’s Mario Draghi proposed a “cartel of buyers” to US President Joe Biden as a way to deal with OPEC Italian Prime Minister Mario Draghi said on Wednesday that he discussed setting up a “cartel” of oil buyers in order to persuade the OPEC countries to produce more oil, as well as imposing price caps […]

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