Reuters | Saudis soften oil stance on Iran but OPEC deal still elusive Reuters The Saudi and Iranian economies depend heavily on oil but in a post-sanctions environment, Iran is suffering less pressure from the halving in crude prices since 2014 and its economy could expand by almost 4 percent this year, according to the ... This is where oil could go if OPEC goes home empty-handed Oil Prices Edge Up as Hopes Shift to OPEC's November Meeting Old rivalries seen blocking OPEC deal to support oil price |