Iraq says OPEC has started gradually restoring the country's oil production quota.
On the 26th local time, the Iraqi Oil Ministry stated that the Organization of the Petroleum Exporting Countries has begun gradually restoring Iraq's oil production quotas before the outbreak of the US-Iran conflict. On the 25th local time, an Iraqi Oil Ministry official stated that if the crude oil quota is not significantly increased, Iraq may consider withdrawing from OPEC. The Iraqi Oil Ministry issued a statement on the same day denying the rumors that Iraq may consider withdrawing from OPEC.
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