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UAE exit from OPEC signals closer alignment with US interests, experts say
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UAE exit from OPEC signals closer alignment with US interests, experts say

Al Jazeera·Megha Bahree·about 1 month ago
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As the United Arab Emirates’s exit from OPEC officially takes effect, experts say the United States government will welcome the move for its potential to curb the oil-producing cartel’s pricing power. While the UAE’s withdrawal, which went into effect on Friday , has been long rumoured, the timing was unexpected. Recommended Stories list of 4 items list 1 of 4 Saudi Arabia to end LIV Golf funding, while league appoints new chairman list 2 of 4 UAE exit signals OPEC’s declining grip on oil markets list 3 of 4 Mexico’s Sheinbaum questions US claims of drug ties to Sinaloa governor list 4 of 4 US passes law to resume DHS funding and end partial government shutdown end of list “The exit was a surprise in timing (at least to me), but in some ways has been brewing for some time,” wrote Rachel Ziemba, adjunct senior fellow at the Center for a New American Security – a US think tank.…

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