Iraq will not leave OPEC but seeks fair output quota, PM says
Iraq is OPEC’s second-largest producer after Saudi Arabia and one of its five founding members
July 09, 2026 09:51
Iraq will not leave OPEC, but is seeking a fair output quota within the oil producer group, Iraqi Prime Minister Ali Al-Zaidi said in an interview with Saudi-owned Al Arabiya TV, according to his office.
Reuters reported in an exclusive in June that Iraq, the group’s second-largest producer after Saudi Arabia and one of its five founding members, had considered leaving OPEC if the group did not allow Baghdad to significantly increase oil production.
