Iraq’s Oil Ministry said the Organization of the Petroleum Exporting Countries (OPEC) has begun gradually restoring Iraq’s oil production quota to levels seen before the outbreak of the U.S.-Israel-Iran conflict.
According to Jin10, the ministry made the statement on June 26 local time.
An Iraqi Oil Ministry official said on June 25 local time that Iraq might consider leaving OPEC if its crude oil quota was not significantly increased.
The Oil Ministry issued a statement the same day denying reports that Iraq might consider withdrawing from OPEC.
Iraq Says OPEC Begins Gradual Restoration of Its Oil Production Quota
2026-06-27 00:35:09
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