Iraqi officials considered leaving OPEC if quota not raised: Sources

Iraqi officials are pushing for a significant increase in their OPEC production quota, warning that failure to meet their demands could lead them to consider leaving the organization. This push highlights Iraq's struggle to boost its oil output amid competing global market pressures and domestic challenges. The potential exit from OPEC would have major implications, not only for Iraq's economy but also for the stability of global oil prices, given its substantial oil reserves and production capacity. This situation underscores the broader tensions within OPEC as member countries navigate differing economic interests and production capabilities.