Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say

🌐 The Straits Times (IQ) —
Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say

AI Summary

Iraq is considering all options if OPEC does not raise its oil production quota, including the possibility of exiting the organization. This stance reflects the country's strategic interest in energy markets and production rights.

BAGHDAD, June 25 - Iraq will be compelled to consider all available options if its OPEC quota is not significantly increased, a senior Iraqi oil ministry official told Reuters on Thursday.

World Politics Commodities Energy Iraq OPEC oil quota energy policy oil production commodities

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