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Sources: Iraqi officials have considered leaving OPEC, but the current plan remains to retain membership and strive for a higher production quota.

MeNews
ME AI News, sources say Iraqi officials have considered the idea of leaving OPEC, but the current plan remains to retain membership and fight for a higher production quota. A senior Iraqi Oil Ministry official stated that if its OPEC production quota is not significantly increased, Iraq will be forced to consider all available options. Iraq is facing a severe financial crisis due to a sharp decline in oil exports caused by the Iran conflict, and the issue of its OPEC quota adjustment should be treated with the utmost seriousness. (Reuters) (Source: Wall Street Insights)
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