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Analysts Tell OPEC+ Hormuz Disruption to Last Through Year End
Analysts predict the Hormuz disruption will persist through year-end, impacting OPEC+. The United Arab Emirates is set to leave OPEC and its alliance, affecting Saudi Arabia and global oil supply amid the Iran war.
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Adjacent reporting
- OPEC+ Delegates Expect Another Symbolic Supply Hike Without UAE
- OPEC+ Agrees in Principle on Small Output Hike, Reuters Reports
- OPEC+ Meeting Offers Chance to Show Unity After UAE’s Shock Exit
- UAE to Leave OPEC in May as Iran War Reshapes Oil Market
- Top Oil Traders Say Billion-Barrel Shock to Echo Long After War
- UAE to leave OPEC in blow to oil cartel