The UAE’s OPEC departure is more about politics than economics
Source: Washington Examiner · Bias: Center Right
Summary
The threat posed by Iran should be drawing Gulf leaders closer together. Instead, the United Arab Emirates’ departure from the OPEC+ oil cartel only highlights the disunity of the Sunni Arab monarchies. Vast wealth does not guarantee regional cohesion. The reasoning behind Abu Dhabi’s split may seem economic on the surface. The UAE wants to […]
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