UAE

UAE announces withdrawal from OPEC
Business

UAE announces withdrawal from OPEC

The move by the UAE is a significant blow to the global organization of major oil producers Published 28 Apr,…
OPEC+ approves output hike as UAE exit and Iran war disrupt supply
Business

OPEC+ approves output hike as UAE exit and Iran war disrupt supply

Seven major exporters of crude reportedly agreed to add 188,000 barrels a day in June Published 3 May, 2026 10:50…
Key oil producer quits OPEC
Business

Key oil producer quits OPEC

The UAE says its decision is driven by national interests, as Middle East tensions disrupt energy markets Published 28 Apr,…
World Bank warns Middle East war to drive 24% energy price surge
Business

World Bank warns Middle East war to drive 24% energy price surge

The world is facing the biggest global energy supply shock on record, which will drive inflation and dampen economic growth…
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