Has the UAE seen the writing on the wall (peak oil that is)? (opens in new tab)

A lot of the post WW2 institutional structure is being challenged at present and/or vanishing altogether. Some of the changing environment will prove to be disastrous for the world, while some of the changes are likely to be beneficial. There will also be pro and con of many of the disruptions. Tomorrow (May 1, 2026), the United Arab Emirates (UEA) will formally leave the Organization of the Petroleum Exporting Countries (OPEC), which many consider will mark the beginning of the end for the c...