The U.S. and EU are seeking assurances from major oil states, such as Saudi Arabia, Kuwait and...

|By:, SA News Editor

The U.S. and EU are seeking assurances from major oil states, such as Saudi Arabia, Kuwait and the UAE, that they would increase exports in order to keep markets calm if an embargo is placed on Iranian oil and its central bank. Officials from 11 countries are due to meet tomorrow in Rome.