Tag: OPEC+

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The United Arab Emirates Withdraw from OPEC: A Major Turning Point for the Global Oil Market

The United Arab Emirates announced on Tuesday, April 28, their withdrawal from the OPEC, the organization grouping the world’s leading oil-exporting countries, with the...

Oil Market Shock: Middle East War Triggers Largest Disruption of Global Supply in History

The war in the Middle East, which has paralyzed the Strait of Hormuz and disrupted global oil transport, is causing the largest disruption of...