Please agree to our privacy policy to enable news listening. (Central News Agency, Baghdad, comprehensive foreign news report on the 25th) A senior Iraqi oil ministry official told Reuters today that if the Organization of the Petroleum Exporting Countries (OPEC) cannot significantly increase Iraq’s oil production quota, Iraq will be forced to consider all possible options, including withdrawing from the organization. Reuters exclusively disclosed that another source said that Iraqi officials had considered withdrawing from the Organization of the Petroleum Exporting Countries, but the current plan is to remain in the organization and strive for higher quotas. After the United Arab Emirates withdrew from the Organization of the Petroleum Exporting Countries this year, if Iraq also chose to withdraw, it would be a further blow to the organization. Iraq is one of the five founding members of the Organization of Petroleum Exporting Countries, which was established in Baghdad, the capital of Iraq. The Iraqi official pointed out that Iraq has fallen into a severe financial crisis due to the war in the Middle East. It is imperative to significantly increase its oil production quota and relevant demands must be taken seriously. OPEC has not yet responded to Reuters’ inquiries. The Organization of the Petroleum Exporting Countries and Partners (OPEC+) is composed of the Organization of the Petroleum Exporting Countries and allied oil-producing countries including Russia. (Translator: Gao Zhaofen/Copywriter: Liu Shuqin) 1150625 supports the Central News Agency’s choice to stand with the facts. Every donation you make is a force to protect press freedom. Small-amount sponsorship downloads the Central News Agency’s “First-hand News” APP to grasp the latest news in real time. The text, pictures, and audio and video of this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
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