Iraq piles pressure on OPEC over quota dispute after UAE exit

Iraq is pushing back against OPEC over a quota dispute, aiming for a higher output share following the UAE's exit from the organization. Despite contemplating leaving OPEC, Iraq now plans to stay and negotiate for more production capacity. This move could shake up the group's dynamics and impact global oil supply, highlighting the shifting power balances within OPEC as member countries vie for greater influence and market share. The outcome of these negotiations will have significant implications for both regional politics and international oil prices.