Iraq Voices Frustration With OPEC Days Before Crunch Meeting
- Arab country criticizes OPEC’s ‘one-size-fits-all’ model
- Comments are latest sign of growing rifts within the cartel
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Iraq’s deputy leader has criticized OPEC just days before the oil cartel makes a crucial decision on whether to raise output.
OPEC should take members’ economic and political conditions into account when deciding production quotas rather than adopting a “one-size-fits-all” approach, according to Ali Allawi, Iraq’s finance and deputy prime minister.