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Another OPEC Exit? Iraq Warns It Could Abandon Oil Cartel If Quota Hike Rejected

Another OPEC Exit? Iraq Warns It Could Abandon Oil Cartel If Quota Hike Rejected Iraq is sending a warning shot to OPEC: raise Baghdad's oil production quota to better reflect its capacity and fiscal needs, or risk yet another defection from the oil-producing cartel. "The ministry currently has no intention of withdrawing from OPEC, and we remain committed to operating within the organization's framework and mechanisms," Oil Ministry spokesman Salim Al-Rikabi told Bloomberg via a text message. Al-Rikabi warned, "Of course, taking into consideration that the Ministry is moving forward with...
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Why The Shield Of The Americas Matters Now: Noem's Latin American Visit Signals A New Security Doctrine
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