Consider the following statements regarding the Organization of the Petroleum Exporting Countries (OPEC) :
1. The founding members of OPEC are Iran, Iraq, Kuwait, Saudi Arabia, and Qatar.
2. OPEC membership is open to any country that is a substantial exporter of oil and which shares the ideals of the organization.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2