The UAE Doubles Down on Israel and America
The energy ministry said the move would let the UAE raise output by as much as 1.5 million barrels a day and protect export routes.
8 Articles
8 Articles
After OPEC exit, UAE deepens US, Israel ties and warns against Iran’s role in Hormuz
Amid its exit from OPEC, a top UAE adviser said freedom of navigation in the Strait of Hormuz depends on the international community, not 'Iranian arrangements,' as Abu Dhabi seeks to boost oil output, rebuild its war-hit economy and deepen US and Israel tie
The UAE power play
So MbZ - the sole owner of the UAE - decided to quit OPEC and OPEC+. Epstein Syndicate minions are billing it as a sophisticated New Energy Order play. Not really. At face value, the move is sound. The UAE spent a fortune boosting its production capacity to 5 million barrels of oil a day. Yet under OPEC+ rules, their quota was much lower, hovering around 3.4 million barrels a day. So they went all out for monetization. Now, in theory, they can s…
OPEC Shock: UAE Leaving as Trump’s Iran War Reshapes Global Oil
Victor Davis Hanson and Sami Winc argue the Iran war has been highly asymmetrical and strategically successful, rejecting media claims about Iran’s remaining capabilities and urging sustained pressure to force concessions while oil dynamics shift, including UAE talk of leaving OPEC and the potential for prices to fall. Hanson says Middle Eastern states quietly favor the U.S. effort, while European leaders attack America for domestic political re…
Why did the UAE leave OPEC?
In a shock decision on Tuesday, the United Arab Emirates said it would withdraw from OPEC, plunging the organisation into arguably the biggest crisis in its 66-year history. In a statement, the country's energy ministry announced it would leave the cartel from 1 May, adding to the growing uncertainty over global energy amid the ongoing closure of the Strait of Hormuz. The departure of OPEC's fourth-largest oil producer has fuelled speculation ab…
The UAE doubles down on Israel and America
The United Arab Emirates has left OPEC amid regional tensions, signalling closer ties with America and Israel while distancing itself from Gulf neighbours.
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