Event Overview
UAE quits OPEC: What that means for the Gulf, energy markets and beyond
UAE signalling intent to pursue independent economic policies and reshape Gulf oil politics. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include Al Jazeera, NBC News.
Left / left-center
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Center
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Right / right-center
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UAE quits OPEC: What that means for the Gulf, energy markets and beyond
After decades of membership, the United Arab Emirates has decided to quit the oil producers’ group, OPEC, in order to focus on “national interests” and forge its own path, it has said. The move is seen as a major blow to the Vienna-based oil cartel – but will not spell the end of it altogether, observers say. The.
How 'Little Sparta' UAE shocked the Gulf by going its own way on oil
DOHA, Qatar — Among senior U.S. officials, the wealthy Persian Gulf nation of the United Arab Emirates is known by an affectionate nickname: Little Sparta. The moniker, often attributed to former U.S. Defense Secretary James Mattis, reflects the American admiration for the UAE’s investment in its military and its.