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

UAE, one of the oil market’s heavyweight players, stepped out of OPEC and questions are rising over what the move could mean for the group’s energy production.

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

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