Bloomberg | UAE Sees OPEC Oil Capacity 'Buffer' Offsetting Iran Sanctions Bloomberg OPEC has enough spare production capacity to cushion oil markets if the U.S. re-imposes sanctions on Iran, according to United Arab Emirates Energy Minister Suhail Al Mazrouei. Three members of the Organization of Petroleum Exporting Countries -- Saudi ... UAE oil minister: OPEC not targeting a certain oil price UAE energy minister says focus on oil inventory at next OPEC meeting |