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Iraq Walks Back Threat on Leaving OPEC Over Output Limits

Iraq Walks Back Threat on Leaving OPEC Over Output Limits
Bloomberg Markets Thursday 25 June 2026, 11:00 UTC By Salma El Wardany 1 min read
Key Points

Energy Iraq Walks Back Threat on Leaving OPEC Over Output Limits Iraq isn’t considering leaving OPEC, the nation’s oil ministry said, just a few hours after saying that doing so was an eventual possibility. “The reports suggesting that Iraq is considering ending its membership in OPEC do not reflect the official position of the Iraqi Government. Neither the Prime Minister nor the Government of Iraq has proposed withdrawing from the Organization,” the Oil Ministry said in a statement.

Energy Iraq Walks Back Threat on Leaving OPEC Over Output Limits Iraq isn’t considering leaving OPEC, the nation’s oil ministry said, just a few hours after saying that doing so was an eventual possibility. “The reports suggesting that Iraq is considering ending its membership in OPEC do not reflect the official position of the Iraqi Government. Neither the Prime Minister nor the Government of Iraq has proposed withdrawing from the Organization,” the Oil Ministry said in a statement.
Iraq (LOCATION) OPEC (ORG) the Iraqi Government (ORG) the Government of Iraq (ORG) Organization (ORG) the Oil Ministry (ORG)
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