Dossier
Organization of Petroleum Exporting Countries
Coverage of Organization of Petroleum Exporting Countries in the Nexus archive.
- UAE Departs OPEC as Iran Feel Economic Sting of Blockade
The United Arab Emirates (UAE) has left the Organization of Petroleum Exporting Countries (OPEC), while Iran is experiencing economic challenges due to a blockade. The UAE's departure from OPEC marks a significant shift in regional energy politics, with Iran's economic struggles intensifying amid trade restrictions.
- The UAE walks out of OPEC
The United Arab Emirates has exited OPEC, a significant geopolitical move, and is strengthening its diplomatic and economic ties with Israel and the United States.