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Exclusive-Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say

al-monitorThursday, June 25, 2026
Exclusive-Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say

BAGHDAD, June 25 (Reuters) - Iraq will be compelled to consider all available options if its OPEC quota is not significantly increased, a senior Iraqi oil ministry official told Reuters on Thursday. Separate sources told Reuters Iraqi officials had considered leaving OPEC, but the current plan was to remain a member and seek a higher quota.The prospect of Iraq considering an exit from OPEC would be a further blow to the group after the departure of the United Arab Emirates this year.

Iraq is one

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Source: al-monitor— we link to the original for full context.