In abandoning OPEC for the free market, UAE sees Iran writing on the wall
By the time you’re reading this, the United Arab Emirates, the world’s fourth-largest oil exporter, will have left the Organization of the Petroleum Exporting Countries after nearly 60 years of membership. In an existential blow to the historically indomitable oil cartel, the Gulf monarchy announced that it would instead “respond to evolving market needs” by […]
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