United Arab Emirates Announces Exit from OPEC, OPEC+ TEC News / AFP April 28, 2026 The UAE, a major global oil producer, has previously raised concerns about OPEC production quotas.
EU Agrees to $60 Price Cap on Russian Seaborne Oil Robert Semonsen December 3, 2022 The move comes despite Russian President Vladmir Putin’s warning that attempts by the West to cap the price of Russian oil would have “grave consequences” for world markets.
