Skip to content
Advertisement

UAE pulls out of OPEC oil cartels citing 'national interests'

The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels to focus on "national interests", it announced on Tuesday, causing fresh shockwaves as energy prices soar over the Middle East war. The UAE, one of the world's top oil...

schedule 20:18 visibility 42 views
UAE pulls out of OPEC oil cartels citing 'national interests'
Source: France 24
The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels to focus on "national interests", it announced on Tuesday, causing fresh shockwaves as energy prices soar over the Middle East war. The UAE, one of the world's top oil producers, which has previously chafed at OPEC production quotas, will pull out on Friday, a statement carried by the official WAM news agency said. FRANCE 24's Camille Corcoran reports.

newspaper

Originally published at

France 24

open_in_new Read Full Article

Related Articles

Cockroach Janata Party holds first protest in New Delhi
Culture

Cockroach Janata Party holds first protest in New Delhi

Hundreds of supporters of the Cockroach Janata Party, an online joke that drew millions across India, gathered for the first time in the national capital on Saturday, taking the social media movement off screens and into its biggest real-world test...

France 24

Read More

Control Resonant is a sequel — and also a starting point
Culture

Control Resonant is a sequel — and also a starting point

Chronologically, Control Resonant is a sequel to 2019's Control. But in most other ways, the games aren't directly connected. To developer Remedy, they're more like two sides of the same coin. When Resonant was first revealed last year, creative...

The Verge