Iraq considers leaving OPEC to increase oil output

Iraq is contemplating a bold move to exit OPEC in an effort to surpass its current oil production quotas, aiming to make up for the reduced output caused by wartime disruptions. This potential shift could significantly impact global oil markets, as Iraq is a major player in the industry. The decision underscores the ongoing tension between national economic interests and collective OPEC agreements, highlighting the broader implications for global energy supply dynamics.