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With UAE split from OPEC, another oil market churn is in the offing

The UAE's exit from OPEC, driven by quota disputes, tensions with Saudi Arabia, and strategic calculations, weakens the organization's market power. Short-term disruptions are minimal, though market reactions suggest Strait of Hormuz concerns. Long-term, the UAE plans to significantly boost oil exports, freeing itself from constraints. This could benefit energy-importing nations like India, which must deftly navigate shifting alliances in West Asia. The decision reflects a blend of economic, political, and strategic interests, highlighting a changing geopolitical landscape and the need for countries like India to prioritize their interests.

Indian Express · Editorial · Apr 30, 2026 at 12:34 AM

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