Iraq seeks higher oil production quota from OPEC.

The entities involved

• Organization of the Petroleum Exporting Countries →

  international organization of petroleum-exporting countries

  • Diezani Alison-Madueke served as Nigeria's Petroleum Minister.Mon 10:09
  • Global oil market dynamics are being shaped by divergent views on demand forecasts, US policy shifts under the Trump administration, slower EV uptake in Europe, and major export cuts from Gulf producers due to the Iran war.Thu 11:32
• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22

Related events

• Iraq is seeking to expand its oil production and refining capacity, leading to a new partnership deal reviving Chevron's presence in the country.Jun 7
• OPEC considers OECD demand expectations in its forecasts.Sep 10
• Iraq is strategically developing its oil and gas sectors.Jul 22
• IRENA noted heavily subsidized energy tariffs in Iraq, which supplies up to 40 percent of the gas needed for power stations.Jun 10
• Iraq diverted oil to benefit Iran in early 2026.Jun 29