# OPEC
Latest news and articles about OPEC
Total: 7 articles found
Chokehold on the Hormuz: Iraq’s Oil Exports Collapse Amid Escalating Regional Conflict
Iraq's crude exports through the Strait of Hormuz have collapsed by nearly 90% due to the ongoing conflict involving the U.S., Israel, and Iran. Baghdad is now attempting a strategic pivot toward northern pipelines and increased OPEC cooperation to mitigate the economic impact.
The Great Uncoupling: Why the UAE’s OPEC Exit Threatens the Future of Global Oil Governance
The UAE has officially exited OPEC, ending a 60-year membership and signaling a major rift in global oil politics. While shipping bottlenecks in the Persian Gulf are currently masking the impact, the move threatens to dismantle the cartel's ability to control global prices in the long term.
The Abu Dhabi Departure: Why the UAE is Breaking with OPEC
The United Arab Emirates has announced its exit from OPEC to regain control over its oil production levels and fund its economic transition. This departure signals a major shift in Middle Eastern geopolitics and threatens the long-term price-setting power of the global oil cartel.
Cracks in the Cartel: The UAE’s Strategic Exit from OPEC Signals a New Era of Oil Autonomy
The UAE has announced its withdrawal from OPEC and OPEC+ to pursue independent production goals and bypass regional maritime bottlenecks. This decision underscores a growing rift with Saudi leadership and a strategic shift toward maximizing oil revenue through increased volume and independent infrastructure.
A Fracturing Cartel and a High-Tech Pivot: The UAE Exits OPEC as China Doubles Down on 'AI+'
The UAE's exit from OPEC marks a turning point in global energy geopolitics, coinciding with China's strategic shift toward an AI-driven economy and a crackdown on domestic 'involutionary' competition. As traditional manufacturing faces margin pressure, Beijing is doubling down on high-tech infrastructure and Global South trade alliances.
The Crack in the Monolith: Why the UAE’s OPEC Exit Signals a New Era for Global Energy
The UAE has announced its withdrawal from OPEC and OPEC+, signaling a major shift toward an independent energy policy and a break from Saudi-led production quotas. This move, driven by a desire to expand production and frustrations over regional security, threatens to dismantle the cartel's influence over global oil markets.
A 'Very Small Price': Oil Tops $100 as Middle East Fighting Sends Markets Into Risk Mode
Renewed fighting involving the U.S. and Israel against Iran pushed international crude futures above $100 a barrel for the first time since mid‑2022, as traders priced in supply‑risk and shipping disruptions. President Trump described the economic fallout as "a very small price" for security, highlighting the political calculus that will shape responses from producers, consumers and allies.