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Iraqi PM Abadi: Oil prices increasing above current levels could lead to oil price collapse

Iraqi Prime Minister Haider al Abadi is crossiÅŸng the news wires, via Reuters, delivering the below-seen comments.

  • Iraq will keep cooperating with OPEC and non-OPEC states to keep oil prices stable and prevent further price hikes.
  • Oil prices increasing above current levels could lead to oil price collapse.
  • Submitted proposal to open to help maintain oil stability and stop further price rises.

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