LONDON (BLOOMBERG) - Opec+ was plunged into crisis as a worsening fight between Saudi Arabia and the United Arab Emirates blocked an oil-supply increase. What happens next will determine whether the breakdown of talks - which sent crude climbing toward US$80 a barrel - could escalate into a conflict as bitter and destructive at last year's price war. At stake is the stability of the global economic recovery amid growing inflationary pressures, and the ability of the producers' alliance to retain its hard-won control over the oil market. From international oil majors to Middle Eastern petrostates, the market will be watching keenly in the coming days as Riyadh and Abu Dhabi publish prices and negotiate volumes for their August crude supplies. The fear that events could spiral further out of control was evident. "We do not want a price war," said Iraq's Oil Minister Ihsan Abdul Jabbar. "And we do not want oil prices to rise to more than the current levels." Meeting abandoned After several days of tense talks, the Organization of Petroleum Exporting Countries and its allies abandoned their meeting on Monday (July 5). A disagreement over how to measure production cuts upended a tentati...