UAE leaves Opec in huge blow to global oil producers' group
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The United Arab Emirates said on Tuesday it was quitting Opec, dealing a heavy blow to the oil producers’ group as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The stunning loss of the UAE, a longstanding Opec member, could create disarray and weaken the group, which has usually sought to show a united front despite internal disagreements over a range of issues from geo...
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The United Arab Emirates said on Tuesday it was quitting Opec, dealing a heavy blow to the oil producers’ group as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The stunning...