Iraq threatens to leave OPEC if its production quota isn't raised significantly, a move that could lower oil prices and impact crypto mining economics.

Iraq's oil exports collapsed over 97% due to the Iran conflict, dropping from 3.32M bpd to 96K bpd. OPEC+ approved a modest quota increase as Iraq scrambles

Iraq will be compelled to consider all options if its quota in the Organization of the Petroleum Exporting Countries (OPEC) is not significantly...

Opec’s second-largest producer has repeatedly pushed for a higher quota

The reported threats came shortly after the UAE left the organization last month, saying that it wanted to boost its oil output.