OPEC oil production shifts as UAE quits amid Iran war; here's why oil prices and supply are in focus
The UAE's exit from OPEC may weaken the cartel's influence over oil prices, with analysts noting potential volatility in the market. The closure of the Strait of Hormuz is exacerbating supply constraints, driving oil prices higher amid the ongoing conflict in the region.
Original Source
Read the full article at Livemint →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.