Monday, June 29, 2026
Iraq’s push for bigger OPEC quota driven by revenue pressures, new oil investment- oil and gas 360

Iraq’s push for bigger OPEC quota driven by revenue pressures, new oil investment

(BOE Report) – An economic crisis caused by the Iran war and a fresh surge of investment by oil majors are driving Iraq’s aggressive push for a higher OPEC production quota, potentially placing it on a collision course with the producer bloc. The pressure from Baghdad adds to the challenges confronting the Organization of the Petroleum Exporting Countries, still reeling