Iraq considering withdrawing from OPEC — agency

AI Summary

Iraq is reportedly considering withdrawing from OPEC as part of a broader plan to increase oil exports and counteract losses caused by tensions between the US and Iran. This strategic move aims to bolster Iraq’s energy sector despite regional conflicts.

According to the report, he idea of withdrawing from OPEC is part of Iraq’s broader plan to boost oil exports and offset losses incurred due to the conflict between the US and Iran