Iraq is demanding a substantial increase to its oil production quota within OPEC, threatening to explore all available options if its requests are not met. Sources indicate Iraqi officials have internally discussed withdrawing from the organization, though the current strategy focuses on negotiating a higher allocation. This potential departure follows the UAE’s recent exit and would represent a significant setback for OPEC, particularly given Iraq’s status as a founding member and the organization’s birthplace. A senior Iraqi oil ministry official confirmed the country’s frustration with its current production limits. The dispute centers on Iraq’s need to increase revenue and invest in its oil infrastructure. Baghdad hopes to secure a more favorable quota during upcoming OPEC discussions, avoiding a potentially destabilizing move.