UAE announces it will leave OPEC and OPEC+ from 1 May
United Arab Emirates says it will leave the Organisation of Petroleum Exporting Countries from 1 May. The move is a heavy blow for the organisation at a time when the Iran war is causing a shock to energy supplies that’s reverberating around the globe. Loke Wei Sue speaks with Phillip Cornell, Senior Fellow at the Atlantic Council's Global Energy Center.
United Arab Emirates says it will leave the Organisation of Petroleum Exporting Countries from 1 May. The move is a heavy blow for the organisation at a time when the Iran war is causing a shock to energy supplies that’s reverberating around the globe. Loke Wei Sue speaks with Phillip Cornell, Senior Fellow at the Atlantic Council's Global Energy Center.