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Iraq’s new oil minister Ihsan Abdul Jabbar affirmed in a phone call with Saudi energy minister Prince Abdulaziz bin Salman Iraq’s full commitment to the OPEC+ production cut deal, the oil ministry said in a statement on Monday.
OPEC, Russia and other producers agreed on Saturday to extend record output cuts of 9.7 million barrels per day into July, curbing global supply by almost 10% amid a steep slump in demand due to the coronavirus pandemic.
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