UAE Exits OPEC After 55 Years as Iran Crisis Reshapes Global Energy Order
ABU DHABI — The United Arab Emirates has formally withdrawn from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, ending…
UAE Quits OPEC as Day 60 of Middle East Conflict Reshapes Global Energy Markets
The United Arab Emirates has announced its withdrawal from OPEC, effective May 1, as the Iran conflict drives unprecedented disruption to global energy markets. The…
A Ceasefire Built on Sand
In the Persian Gulf, where ancient trade routes once carried silk and spices between empires, a fragile ceasefire is holding — for now. Three months…
The Oil Shock of 2026: How the Hormuz Crisis Is Reshaping Global Growth, Trade, and Monetary Policy
The Strait of Hormuz remains effectively shut despite a fragile ceasefire. Oil prices hover near $100 a barrel. The IMF has warned that slower global…