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Iraqi PM Urges OPEC to Reassess Oil Export Quota Amid Revenue Shortfall

The request highlights economic pressures and the need for revenue generation in a resource-rich,...
Key Metrics

10.27

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-09-06
Key Impacts
Positive Impacts (1)
Oil Tanker Shipping
Negative Impacts (5)
Crude Oil
Brent Oil Futures
Saudi Aramco & GCC National Oil Companies
U.S. Shale Producers
Global Oil Refining & Petrochemical Sector
Total impacts: 7 | Positive: 1 | Negative: 5
Event Overview

The request highlights economic pressures and the need for revenue generation in a resource-rich, post-conflict nation. It underscores the tension between national economic interests and international production agreements, reflecting broader themes of resource allocation and global energy market dynamics.

Collect Records
Iraqi Prime Minister Calls for Reconsideration of OPEC Oil Export Quota
2025-09-06 18:37

Iraqi Prime Minister Mohammed Shia Al-Sudani has called on OPEC to reconsider the country's oil export quota. He argues that the current quota does not reflect Iraq's proven reserves of 150 billion barrels and its actual production capacity. Al-Sudani emphasized that the present export quota is insufficient to generate adequate revenue for the war-torn nation. OPEC+ member countries are scheduled to hold a video conference on Sunday to discuss production policies.

Total records: 1
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