UAE's OPEC Exit: A New Era for Global Oil?
The UAE's exit from OPEC is projected to increase global oil supply, potentially lowering prices and aligning with US strategic interests.
01 May 2026
The UAE's exit from OPEC is projected to increase global oil supply, potentially lowering prices and aligning with US strategic interests.
Oil prices fell below $100 after a two-week Iran cease-fire announcement that reportedly includes reopening the Strait of Hormuz.
