The traditional media scrum at the start of the 5 June Opec meeting saw the birth of a new celebrity: Iranian Oil Minister Bijan Zanganeh.
The impending nuclear deal between Tehran and world powers has put the spotlight on Iran this time around rather than Opec kingpin Saudi Arabia and its oil minister Ali Naimi, the group’s long-time leading man. Iran’s potential return to an already oversupplied oil market risks upsetting the fragile consensus that the Saudis managed to extract in November. (CONTINUED - 1203 WORDS)
