Iraqi officials have indicated the nation is prepared to consider all options, including potentially leaving the Organization of the Petroleum Exporting Countries (OPEC), if its oil production quota is not increased. The disclosure reveals Iraq previously contemplated withdrawing from the cartel. This stance stems from dissatisfaction with current production limits, which Baghdad believes are insufficient to meet its economic needs and investment recovery plans. Officials have not specified a timeline for a decision, but emphasized the importance of a revised quota reflecting Iraq’s capabilities and contributions. The move signals growing frustration among some OPEC members with the group’s production policies and their impact on national revenues. This potential departure could significantly impact global oil markets and OPEC’s influence. Iraq is a significant oil producer and its exit would alter the dynamics of the organization.