Iran, Israel and UAE
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UAE, OPEC
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UAE says Iran cannot be trusted over Strait of Hormuz
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The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking questions on who else could follow.
The uae’s decision will deepen their rivalry. It had been possible to imagine Iran’s attacks on the Gulf states bringing the region’s two biggest powers closer together. Instead it appears to be widening their division.
The decision by the United Arab Emirates to leave the OPEC oil cartel has shaken up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe.
The UAE has resumed normal air traffic operations after lifting precautionary restrictions imposed during February’s US-Israel strikes on Iran, while bolstering its defences with Israeli-supplied Iron Beam and Spectro systems to counter Iranian threats.
The United Arab Emirates just announced that, effective May 1, it will leave OPEC, and the significance of this cannot be understated. President Trump approved, calling the move “great” and praising the UAE’s leader for such action.
Officials say the UAE continues to be the largest overseas NEET hub, reflecting the scale of the Indian student community in the region
Fox News correspondent Lucas Tomlinson reports on President Donald Trump threatening to resume airstrikes against Iran and a UAE-owned oil tanker reportedly being hijacked on ‘Fox Report.’
Amid new US arms sales and reports of Israel's close ties with the UAE, and Iran tensions, the close work of the UAE, Bahrain, and other Gulf states is essential.