Armstrong Economics

Energy War Breaks OPEC: UAE Walks Away as Oil Supply Collapses (opens in new tab)

What is unfolding right now is not just another dispute inside OPEC. This is the beginning of the breakdown of coordinated global energy policy under the pressure of war. The decision by the United Arab Emirates to exit OPEC effective May 1 comes as oil supply is being physically disrupted, not merely negotiated. Officials in […]

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