As part of the plan, Saudi Arabia will apply pressure to laggard producers, including Iraq and Nigeria, which haven’t complied with their pledged output curbs under the current agreement, the kingdom’s advisers say. Ahead of a meeting on Monday , some OPEC member nations are expected to argue for deeper curbs than previously agreed, OPEC officials say. But Saudi Arabia, OPEC’s de facto leader, is unlikely to back those proposals. “This is not going to happen,” said a Persian Gulf delegate. “Everyone should strictly comply with the [existing] cuts.” The Organization of the Petroleum Exporting Countries and its Russia-led allies orchestrated a round of output cuts totaling 1.2 million barrels a day beginning in January. The move lifted oil prices by as much as 22% in April compared with early December. But Middle East tensions that threaten oil supplies—including the attacks on two tankers carrying Saudi and Emirati cargo […]