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Why Iraq’s threat to leave OPEC may be the final nail in the cartel’s coffin

MarketWatch · Jun 25, 2026, 11:57 AM · Also reported by 4 other sources

The message from the Iraqi government looks unequivocal: “allow us to bump up production significantly or we are leaving the club”

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Bloomberg Markets Iraq Walks Back Threat on Leaving OPEC Over Output Limits Bloomberg Markets Iraq Might Leave OPEC If Its Production Quota Isn’t Raised The Hindu Iraq urges OPEC to raise its quota CNBC Iraq piles pressure on OPEC over quota dispute after UAE exit

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Why Iraq’s threat to leave OPEC may be the final nail in the cartel’s coffin

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