Back

Iraq Threatens to Withdraw from OPEC and Demands Increase in Its Production Quota

June 25, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Iraq Threatens to Withdraw from OPEC and Demands Increase in Its Production Quota

Iraq has hinted at the possibility of considering withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) if its production quota is not increased. Bloomberg News reported that the spokesperson for the Iraqi Ministry of Oil, Salim Al-Rakabi, stated that Baghdad does not currently intend to leave the organization and is committed to working within its frameworks and mechanisms, but he also indicated that the ministry is moving forward with plans to increase production in line with its capabilities and self-needs. Read the full content on Echourouk Online.

Share on social media

Related Articles

Béjaïa Port Achieves a Record

Béjaïa Port Achieves a Record

Béjaïa Port has set a new record in handling bulk cargo, unloading 15,153.60 tons of corn within 24 hours, in an operation conducted directly from the ship to the trucks, according to the Béjaïa Port Authority (EPB). The authority stated in a press release that the operation was carried out at berth number 21, starting from the ship 'BUNUN TREASURE' coming from Santarém, thus breaking the previous record set at the port. View the full content on Echourouk Online.

Oct 28, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.