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Global Confusion over oil... Will Iraq Withdraw From Opec?

Summary by Al Bawaba
Baghdad has definitively clarified its position on the global oil production map, with two senior Iraqi energy officials confirming on Tuesday that Iraq does not intend to follow the UAE's lead and withdraw from OPEC or the OPEC+ alliance, emphasizing the country's commitment to collective action to ensure price stability.

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Al BawabaAl Bawaba
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Global Confusion over oil... Will Iraq Withdraw From Opec?

Baghdad has definitively clarified its position on the global oil production map, with two senior Iraqi energy officials confirming on Tuesday that Iraq does not intend to follow the UAE's lead and withdraw from OPEC or the OPEC+ alliance, emphasizing the country's commitment to collective action to ensure price stability.

·Amman, Jordan
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Al Bawaba broke the news in Amman, Jordan on Tuesday, April 28, 2026.
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