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By Ahmad Ghaddar LONDON (Reuters) - Oil prices fell on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were capped by Iran saying it would encourage other members to join an output freeze. U.S. West Texas Intermediate (WTI) crude was down 61 cents at $50.23. Falah al-Amiri, head of Iraqi state oil marketer SOMO, added that Iraq's market share had been compromised by the wars it has fought since the 1980s.
Portorož (Slovenia) (AFP) - Pro- and anti-whaling nations dug in their heels at a key meeting Monday where Japan sought to lift a 30-year-old moratorium on commercial hunts while others pushed for a sanctuary in the Atlantic. "The moratorium on commercial whaling should and could be lifted on a stock-by-stock basis based on sound scientific evidence," Japan insisted in a written submission. The commission's own advisory scientific committee "has confirmed that certain stocks of whale species are recovered", which implies the moratorium is outdated, it argued.