Iraq says it will not leave OPEC or OPEC+, confirming continued membership despite UAE's departure in the current volatile market.
UAE announced it is exiting both OPEC and OPEC+, delivering a significant blow to oil exporters and Saudi leadership.
Iraq stresses support for a strong OPEC to maintain stable, acceptable oil prices amid heightened geopolitical tension and market volatility.
The statements were reported by Reuters, citing two Iraqi oil officials, and were generated with AI assistance for publication.