Event Overview
Iran May Shut Oil Wells in 5-6 Days: Kpler's Brouhard
Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, says the UAE's exit reflects a long-running rift within OPEC, calling it a "new chapter" after years with "one foot in and one foot out." She pushes back. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include Bloomberg, CNN.
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Right / right-center
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Iran May Shut Oil Wells in 5-6 Days: Kpler's Brouhard
Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, says the UAE's exit reflects a long-running rift within OPEC, calling it a "new chapter" after years with "one foot in and one foot out." She pushes back on claims Iran is collapsing, saying it has faced pressure "for about five or six years," but warns.
UAE quits OPEC in blow to cartel that could reshape global oil markets
The United Arab Emirates will leave OPEC, a decades-old cartel of the world’s top oil exporters, delivering a shock that will ripple through global oil markets at a time of unprecedented turmoil caused by the Iran war. The UAE plans to withdraw from the Organization of the Petroleum Exporting Countries , or OPEC, on.