An Iranian petroleum plant. Photo: Wikipedia.

Saudi Arabia is prepared to join an oil output freeze next month without Iran taking part, a senior Opec delegate said, making a deal among big producers more likely.

Some of the world’s largest oil nations will meet in Doha on April 17 to discuss restraining output. It follows a provisional agreement reached in February by Saudi Arabia, Russia, Qatar and Venezuela to keep production at January levels.

Read full story at the Financial Times.