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Saudi Arabia has volunteered to cut 400,000 b/d over and beyond the 500,000 b/d collective production curb agreement reached in Vienna on 6 December
Tehran says it has reduced fuel subsidies so that it can increase support for low-income families
The Pentagon however reiterated that Washington does not seek a conflict with Iran and called on Tehran to return to diplomatic channels
International condemnation pours in against attack on Saudi Aramco oil facilities
