OPEC plays down Iran’s call for oil embargo on Israel after hospital blast

OPEC appears set to sidestep calls by Iran for an oil embargo against Israel Oct. 18 after regional tensions were stoked further following the explosion at a Gaza hospital that killed about 500 people. Both Israel and Iranian-backed Hamas deny responsibility for the blast. Saudi Arabia, the biggest oil exporter in the world, called for a meeting of Muslim countries… OPEC appears set to sidestep calls by Iran for an oil embargo against Israel Oct. 18 after regional tensions were stoked further following the explosion at a Gaza hospital that killed about 500 people. Both Israel and Iranian-backed Hamas deny responsibility for the blast. Saudi Arabia, the biggest oil exporter in the world, called for a meeting of Muslim countries… Read More