this post was submitted on 14 Oct 2023
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chapotraphouse
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it could be a posibility if most of the OPEC members agree, Iran and Venezuela would agree to it, maybe Qatar too since it has been independent for a while from the other gulf states, the main problem is the Saudis, while they have denounced israel's bombing of Gaza they havent really done much maybe they could change if the call between Iran´s president and the saudi crown prince made them agree to take a join decision, but its hard to say. the other gulf states normally follow what the saudi's do and Iraq is probably waiting to see whats everyone else opinion to choose what to do
If all of those member choose to do an embargo i think the rest of OPEC+ will follow, mostly because it would rise the global price of Oil