"oil-producers"

UAE’s exit signals a gradual shift in global oil governance—from tightly coordinated production regimes to more flexible, nationally driven strategies

UAE’s exit from OPEC opens up strategic opportunities for countries like India amid ongoing regional conflicts

Saudi Arabia remains an OPEC heavyweight despite waning influence, as rivalry with the UAE deepens over economic interests and regional politics, particularly in the Red Sea region

The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.