OPEC to discuss compensating for Iranian supply drop after U.S. sanctions - Iraqi official

BAGHDAD (Reuters) - OPEC will discuss in December whether producers can compensate for a sudden drop in Iranian oil supply after U.S sanctions against Tehran start in November, the head of Iraq's state-oil marketer SOMO, Alaa al-Yasiri, told Reuters on Wednesday.Yasiri said a sudden drop in Iran oil exports will have a negative impact on prices and market fundamentals."A sudden drop in Iranian crude shipments from the market will cause big shortages and a negative impact on oil prices," he said,..