InternationalInternational Economics

Iraq’s proposed price for oil

According to the report of the International Economy reporter of Fars News Agency, quoted by Reuters, the new Iraqi Prime Minister, Mohammad Al-Sudani, announced that the country is seeking to stabilize the price of oil in the world market and does not want oil to exceed $100 per barrel.

Al-Sudani emphasized: As a member of the Organization of Petroleum Exporting Countries, OPEC, Iraq is seeking dialogue with other members in order to increase its production quota.

According to the new prime minister of Iraq, the country is seeking to stabilize the price of oil in the world market and does not want the price of oil to rise above $100 per barrel, and at the same time, it is looking for a fall in the price of oil in the shadow of the imbalance between supply and demand. is not.

The Sudanese cabinet took over the government in Iraq at the end of October and ended more than a year of political deadlock in this Iraq.

He also said that he is looking for mediation between Iran and Saudi Arabia to solve the political crisis between the two countries.

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