The United Arab Emirates is set to exit the Organization of the Petroleum Exporting Countries (OPEC) on May 1 after 59 years, seeking greater autonomy over its oil production in a volatile global market.
Kenji··2 min read
The UAE is ending its 59-year membership in OPEC to pursue independent energy policies and increase production, potentially triggering a significant shift in global oil market dynamics.
Kenji··1 min read
Escalating tensions with Iran are undermining the US administration's goal of energy dominance, as high domestic output fails to insulate consumers from global price volatility.
Kenji··2 min read