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Iraq Calls for OPEC Oil Boost
Iraq has requested OPEC to increase its oil quota to match its production capacity and population size, believing that the current level of production does not reflect its significant potential. The Iraqi Prime Minister affirmed that the country possesses the capabilities to boost its oil output, while Iraq's economy heavily relies on oil revenues. The country is working to enhance its income to support development projects and investments. This request comes within the framework of OPEC's management of production levels to achieve stability in the oil market.
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