The Guardian Australia – Business ·business ·3 hours ago

How the UAE’s decision to leave Opec could recast the Middle East

The United Arab Emirates announced its decision to leave Opec during a Gulf Cooperation Council meeting in Jeddah, marking a significant shift in Middle Eastern geopolitics. This move places the UAE closer to former President Donald Trump and allows it to boost oil production from 3.4 million to 5 million barrels by 2027.

Summary by Glance · The Guardian Australia – Business

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