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Iraq warns it might leave OPEC if oil quota not raised, sources say (opens original article in a new tab)

TL;DR

Iraq may leave OPEC if its oil production quota isn't raised, as it faces financial difficulties from reduced exports. The country seeks a higher quota to match its production capacity and population, with officials urging OPEC allies to take the matter seriously.

  • Iraq considers leaving OPEC if production quota not increased
  • OPEC's second-largest producer faces financial crisis due to reduced oil exports
  • Iraq seeks higher quota to match production capacity and population

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