The Iraqi Ministry of Oil reports that OPEC has begun gradually restoring Iraq’s production quota to pre‑war levels, a move that will strengthen production capacity and support the country’s oil sector.
Officials say there is a high‑level understanding within OPEC of Iraq’s past conditions and its current needs.
The ministry also noted that the Iraqi Prime Minister has not discussed a potential exit from OPEC.
Baghdad supports a review of OPEC quotas to reflect the conditions of member states and Iraq’s economic and security situation.