Energy
Faisal Islam: Why the UAE's exit from Opec is a big deal
UAE's exit from OPEC signals a strategic shift with long-term implications for global oil markets and alliance dynamics.
Energy
Energy
UAE leaves OPEC in blow to oil cartel amid war on Iran
UAE quits OPEC+ in strategic shift, dealing a blow to the cartel's unity amid rising tensions with Iran and global energy realignment.
Energy
UAE says Opec exit aligns with long-term energy strategy
UAE withdraws from OPEC and OPEC+ in sovereign shift toward diversified energy strategy amid Iran war turmoil.
Energy
Ryanair CEO warns airlines could fail as fuel prices surge
Ryanair CEO warns that sustained high jet fuel prices, driven by Strait of Hormuz disruption, could push weaker European airlines into collapse.
Energy
Emiratos Árabes Unidos sale de la OPEP en plena crisis por el cierre de Ormuz
The United Arab Emirates, the world's fifth-largest oil exporter, abandons OPEC amid the escalating Strait of Hormuz crisis, dealing a severe blow to the Saudi-led cartel.
Energy
UAE pulls out of OPEC oil cartels citing 'national interests'
The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels to focus on "national interests", it announced on Tuesday, causing fresh shockwaves…
Energy
UAE leaves OPEC in a blow to oil cartel
UAE announces withdrawal from OPEC and OPEC+ effective May 1, citing national interest and escalating tensions with Saudi Arabia over production quotas.
Energy
UAE OPEC departure 'a manifestation of dissatisfaction vis à vis Saudi Arabia', expert says
UAE's exit from OPEC signals growing rift with Saudi Arabia over oil production quotas and strategic influence, energy expert says.
Energy
Leading Arab-American advocacy group roiled by calls for leaders to resign and donations to be returned
Calls for board resignation and donor refunds shake the American-Arab Anti-Discrimination Committee amid sexual harassment and governance scandals.
Energy
Crude oil climbs above $111 as diplomacy falters
Brent crude surges past $111 as US-Iran tensions stall diplomacy and Strait of Hormuz restrictions tighten.
Energy
UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
UAE's departure from OPEC after nearly six decades signals a shift in global oil dynamics, yet the cartel is expected to endure.
Energy
UAE exit blindsides OPEC and threatens to shake its grip on oil
For OPEC and its partners, the departure will dilute their ability to manage oil prices by adjusting supply.