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By Ori Lewis JERUSALEM (Reuters) - Former Israeli president and elder statesman Shimon Peres, a joint winner of the 1994 Nobel Peace Prize and an influential figure in Israeli politics for 70 years, died in hospital on Wednesday aged 93, two weeks after suffering a massive stroke. A convinced campaigner for Middle East peace who remained energetic until his final days, Peres was mourned by world leaders and praised for his tireless engagement. U.S. President Barack Obama said: "A light has gone out".
OPEC might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran. Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense" as part of any output limits which could be set as early as the next OPEC meeting in November. Iran has argued it should be exempt from such limits as its production recovers after the lifting of EU sanctions earlier this year.