How many nations attend the initial meeting for OPEC?

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2026-07-26 03:35

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The initial meeting for the Organization of the Petroleum Exporting Countries (OPEC) took place in Baghdad, Iraq, in September 1960. At that meeting, five founding nations attended: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. These countries aimed to coordinate and unify petroleum policies to secure fair and stable prices for petroleum producers.

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