Browsing: OPEC

UAE quits OPEC over Saudi rivalry and Iran war. Cartel’s long-term viability now at risk. Moscow should be worried.

UAE quits OPEC after 58 years over Saudi dominance, Yemen rift, and Iran war. Cartel weakened but not broken.

UAE quits OPEC over Saudi tensions and Iran war, freeing itself to pump more oil for strategic gain.

Iran’s control of Hormuz reshapes oil flows, pricing, and Gulf export strategy despite the ceasefire.

Tariffs have lowered oil prices and slowed U.S. shale growth, benefiting OPEC+ market strategy. Middle Eastern renewable projects gain from cheap Chinese equipment, but economic uncertainty and potential dollar shifts pose long‑term challenges for the region’s macroeconomic stability.

Operation Absolute Resolve has placed Venezuela’s 300 billion barrels under U.S. oversight, directly challenging OPEC’s market grip. As the Trump administration rolls back climate mandates to boost oil demand, the move signals a historic shift toward American energy dominance and aggressive resource interventionism