The group plans to boost production by 548,000 barrels per day for August

Manus Cranny

Bob McNally, the president of Rapidan Energy, tells The National’s Manus Cranny that Russia and Iran are set to dominate conversations at Opec's International Seminar in Vienna this week.

Mr McNally says President Trump is walking a fine line between preventing Iran from acquiring a nuclear weapon but also keeping negotiation channels with Tehran open for the sake of global oil prices.

Updated: July 09, 2025, 5:04 PM