Saudi Arabia's deputy crown prince Mohammed bin Salman said in an interview with Bloomberg that the country would only freeze its oil output if Iran and other major oil producers will participate in such deal.

Bloomberg reported on Wednesday that Iran would likely participate in the meeting between OPEC and non-OPEC countries in Doha on April 17. OPEC and non-OPEC countries plan to discuss the freeze of the oil output.

Iran said last month that it was not ready to freeze its oil production until output of 4.0 million barrels a day was reached.