Iraq refutes OPEC withdrawal plans

The Iraqi Ministry of Oil denied that Iraq is considering withdrawing from OPEC, affirming that such an idea is out of the question. The government is focused on reassessing production quotas in coordination with the organization. It was noted that Iraq is actively contributing to the process of re-evaluating its production capacity and is participating in the gradual resumption of increasing production levels to strengthen its share, without any official calls for withdrawal from OPEC.

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