The Economic Times

Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say

Baghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further destabilize the cartel. While Iraq's current strategy is to remain a member and push for a higher share, the possibility of an exit looms. This comes as Iraq grapples with a severe financial crisis, making an increased quota a critical necessity.