Saudi Arabia’s Energy Minister Khalid al-Falih, shown in Istanbul in October, will carry heavy influence… VIENNA—Iran and Iraq have softened their positions ahead of a crucial OPEC meeting on Wednesday, OPEC officials said, but it may not be enough to satisfy Saudi Arabia’s demands for a broad-based oil-production cut . In last-minute negotiations, officials said, Iraq has said it would hold its output steady to secure an agreement to bolster oil prices with the Organization of the Petroleum Exporting Countries, the 14-nation cartel that controls a third of the world’s crude output. Iran has told fellow OPEC members it would be willing to freeze its production in early 2017 after clawing back the market share it lost during years of Western sanctions, the officials said. The Iraqi and Iranian proposals are being circulated in a briefing paper among OPEC members preparing for a gathering seen as a crucial test […]