What Does The End Of OPEC Mean For The Iran War And Global Energy Prices?
What Does The End Of OPEC Mean For The Iran War And Global Energy Prices? Did the UAE just trigger a once in a century shift in global energy markets? The United Arab Emirates on Tuesday said it was quitting OPEC by May 1st after 60 years as a member, dealing a blow to the cartel as the Iran war exposes discord among Gulf nations and Iran. The exit of the UAE, one of the group's biggest producers with 15% of total exports, weakens OPEC's control over global oil supplies and wide...
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