Iraq Considers Leaving OPEC Amid Calls for Higher Production Quota

Iraq has warned it may leave OPEC unless granted a higher production quota. The country is set to host EU energy talks focused on expanding cooperation in oil, gas and electricity sectors. Market analysts suggest Iraq's potential exit could have significant global market implications due to its status as the second-largest OPEC producer.

By Michael Kern Fri, June 26, 2026 at 5:30 PM GMT+3 2 min read · Yahoo Finance ·

Iraq Considers Leaving OPEC Amid Calls for Higher Production Quota

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Topics: energy cooperation Iraq-EU relations oil production OPEC

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