UAE Leaves OPEC: Implications for Oil Geopolitics (warontherocks.com)
0xBASE INTEL BRIEF
- UAE leaves OPEC after nearly 60 years
- Exit occurs during Strait of Hormuz closure
- Experts analyze OPEC's future prospects
"The United Arab Emirates left OPEC on May 1, 2026, ending nearly six decades of membership. The exit comes amid the closure of the Strait of Hormuz due to war with Iran, affecting global oil supply. Experts weigh in on OPEC's future."
no comments yet.