Oil For Poor

Sri Lankan Prime Minister Ranil Wickremasinghe (2nd R) arrives to visit the site of a bomb attack at St. Anthony's Shrine in Kochchikade in Colombo on April 21, 2019. - A string of blasts ripped through high-end hotels and churches holding Easter services in Sri Lanka on April 21, killing at least 156 people, including 35 foreigners. (Photo by ISHARA S. KODIKARA / AFP) (Photo credit should read ISHARA S. KODIKARA/AFP/Getty Images)

TEHRAN, Iran, Apr.19 (AFP) – Iran’s President Mahmoud Ahmadinejad has called on oil producers, in particular fellow OPEC members, to sell a part of their crude production to poor countries at “better prices”, the ISNA news agency reported Wednesday. “Oil producing countries, in particular OPEC members, could determine quotas for poor consumers with better prices,” the president was quoted as saying.

“We propose… that producers put aside a part of their their surplus production, to compensate for the pressure on poor countries,” the hardline president added.

His comments came as world oil prices remained within sight of record highs struck the previous day on fears of a US military strike against Iran over its nuclear programme.