Talks between OPEC and its allies next month about whether to extend their pact on cutting oil supplies “won’t be easy” and may be complicated by the situation facing Iran and Venezuela, Kazakh Energy Minister Kanat Bozumbayev said. Organization of the Petroleum Exporting Countries and other large oil producers, including Russia and Kazakhstan, meet in Vienna on July 1-2 to discuss whether the oil output deal, which expires after June 30, should be continued. “I think it won’t be easy,” Bozumbayev told reporters about the talks, in comments cleared for publication on Monday, citing “different positions” among parties to the deal. He said Iran and Venezuela both faced U.S. sanctions. “Will they want to (extend) or […]