When all of them are together in OPEC, their own little club over there…They own a significant amount of the world’s oil. Production is halted, which raises prices.Iraq is beginning to see that you are impeding our ability to improve our own economy. They believe they can reach 11 million barrels per day if they are no longer a part of OPEC. How does that benefit Iraq?It increases their reserves. The strength of the Iraqi dinar increases with reserves. The Iraqi dinar eventually gains strength and value.
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