3 Energy Stocks Positioned to Benefit From Iraq's Oil Ambitions
Iraq’s oil business has always been in the shadow of fellow OPEC member Saudi Arabia, an organization it helped co-found at the Baghdad Conference in 1960. It now wants to come out of the shadows. Iraq recently sent a delegation to Saudi Arabia seeking a higher output quota from OPEC. It has previously warned that it could follow the UAE’s lead and leave OPEC if it can’t raise its output.
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