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Iraq threatens to leave Opec if quota demands not met (opens original article in a new tab)

TL;DR

Iraq threatens to leave Opec if its demands for a higher production quota are not met, citing post-war reconstruction needs and output potential. The UAE previously left Opec over similar issues.

  • Iraq threatens to leave Opec if production quota demands are not met
  • Iraq is Opec's second-largest producer and seeks higher quota for post-war needs
  • UAE previously left Opec due to quota mismatch

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