The Zhitong Finance App learned that after the oil market experienced a sharp decline, Iraq, the Organization of Petroleum Exporting Countries (OPEC)'s second-largest oil producer, is planning to lower its oil price expectations in the federal budget. Iraq's prime minister's financial adviser Mudher Saleh (Mudher Saleh) revealed on the phone on Tuesday that oil prices in 2025 are expected to be lower than last year's $80 per barrel, but he did not give further details. The decision was previously delayed due to negotiations with oil companies over payment issues.

The Zhitong Finance App learned that after the oil market experienced a sharp decline, Iraq, the Organization of Petroleum Exporting Countries (OPEC)'s second-largest oil producer, is planning to lower its oil price expectations in the federal budget. Iraq's prime minister's financial adviser Mudher Saleh (Mudher Saleh) revealed on the phone on Tuesday that oil prices in 2025 are expected to be lower than last year's $80 per barrel, but he did not give further details. The decision was previously delayed due to negotiations with oil companies over payment issues.