OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.
The prospect of a major Russian offensive in Ukraine has brought European dependence on Russian energy into sharp relief and set off a scramble for alternatives.
The US-Iran talks remain far from certain to reach a deal for restarting nuclear controls and removing major oil sanctions, despite the recent US move to grant some sanctions relief to Tehran's civil nuclear program, analysts said.