Iraq is flexing its muscles on several fronts, raising its oil production to unprecedented levels and finally trying to make up for its political and military collapse of two years ago which allowed Sunni extremists to take over several large cities and declare an Islamic State.
Senior officials in Baghdad are citing the cost of the anti-IS offensive started this month as one reason for not wanting to be bound by any possible agreement within and beyond Opec next month to limit or reduce output to support prices.
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