The Sydney Morning Herald | US Demands For More Oil Could Backfire OilPrice.com This week the State Department accused OPEC of hiding spare capacity exceeding 1.4 million barrels daily. It urged the cartel to use it to stop the oil price rally that has continued uncomfortably close to midterm elections. The request—or demand ... India buying Iran oil in defiance of Trump sanctions US 'actively considering waivers on Iran oil sanctions' US reconsiders 'zero tolerance' policy on Iran oil imports |