FRACK THIS: No Agreement on Oil Freeze at Doha Meeting.

The sticking point was Iran’s participation, or lack thereof:

Saudi Arabia’s position that Iran join the freeze or there would be no deal scuttled the discussions before they started, participants said, and the meeting descended into sniping and confusion.

On Saturday, the day before the meeting, Saudi Arabia’s powerful deputy crown prince, Mohammed bin Salman, was quoted by Bloomberg News as ruling out any deal that didn’t include Iran.

Other Saudi officials in the delegation had signaled on Saturday evening that the kingdom would consider a freeze without Iran’s participation, and a draft agreement was circulated, according to participants.

Maybe this is one of those non-Kissingerian formulations where both sides can lose.