High oil prices can cause recession. We are not happy with high oil prices,

If you look at the supply and demand balance, the world has enough oil,

If the problem in Iran is not resolved immediately, we are worried that global oil prices will rise again because Iran is an OPEC member.

The ministers noted that current high oil prices are the result of a combination of many factors, ... Principal among them are gasoline bottlenecks in some regions of the world, increased geopolitical tensions in some regions, speculation in the futures market and recent upward revisions in global demand. These factors were analyzed with a view toward finding a solution to the problem.

This is because of Hurricane Ivan and some problems in other places,

Our decision is in place, up until now we will still increase by 500,000 barrels a day from August. This decision is still valid.

do what we can do to assure market stability.

Cosmetic? You are talking about quotas. But when it comes to production, OPEC responds to the market. We are producing 2 million barrels a day more.

At the moment, there's nothing we can do. OPEC has spare capacity. However, whatever we do, there is no sensitivity in the market,

The options are is still wide open, including maintaining the current tariffs.