Iraq seeks significant OPEC quota increase amid financial crisis from Iran war

Iraq is seeking a significant increase in its OPEC quota to combat a financial crisis resulting from the Iran war. Due to risks to its economic stability and geopolitical vulnerabilities, the nation is weighing a potential exit from OPEC if these quota demands are not met. Such a move could destabilize global oil markets, impacting energy prices and indirectly affecting crypto mining costs in the current regional conflict climate.