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Iran, Ecuador Discuss Ways to Strengthen Oil Prices

Iran and Ecuador on Wednesday discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude. Iran has been boosting output since Western sanctions were eased in January. Tehran refused to join a previous attempt this year by OPEC plus non-members such as Russia to stabilize production, and talks collapsed in April. But Reuters reported on Tuesday that sources in OPEC and the oil industry said Iran is...

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