Policy in OPEC's third-largest producer is not expected to change, with Vice President Mohammad Mokhber taking over as interim president until new elections are held.
U.S. crude oil and Brent booked modest gains last week, but remain stuck in a narrow range as traders look for a catalyst that could lift prices out of the doldrums.Crude oil futures were little changed Monday after Iran's president and foreign minister died in a helicopter crash.Policy in OPEC's third-largest producer is not expected to change, with Vice President Mohammad Mokhber taking over as interim president as the country prepares for new elections within 50 days.
OPEC and its allies, led by Russia, will hold a meeting on June 1 to review production policy. A coalition ofGoldman says buy call options in these stocks set to benefit from an AI-driven energy demand surgeGoldman is bullish long term on nuclear power and uranium. This stock is a key way to gain exposure
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