Iraq Oil Ministry Denies Considering OPEC Exit on June 25

According to Guru Club, on June 25, Iraq's Oil Ministry denied reports that the government was considering withdrawing from the Organization of the Petroleum Exporting Countries (OPEC). The ministry stated that comments by an official about exploring all options, including exit, do not represent the government's official position, and neither Prime Minister nor the government has discussed leaving OPEC. The ministry emphasized that production quotas should be reassessed based on member states' sustainable production capacity.
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