NYTimes reports about U.A.E. leaving the OPEC oil cartel because Emirates are deeply unhappy of how OPEC has been led by Saudi Arabia."Oil policy has, for years, also been a key source of tensions between the Emirates and Saudi Arabia.“While Saudi Arabia aims to sustain oil markets for the next century, the U.A.E. feels no such urgency,” said Bachar El-Halabi, senior analyst in Dubai for Argus Media, a commodities research firm. “Because their economy is more diversified, they do not require high oil prices to balance their budgets, allowing them to prioritize volume over price support.”"https://www.nytimes.com/2026/04/28/world/middleeast/uae-opec.html?unlocked_article_code=1.eVA.FdHH.Se30rlcy-dfu#news #UAE #geopolitics
