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What is really behind UAE’s decision to leave OPEC?

What is really behind UAE’s decision to leave OPEC?

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From the album The Newsmakers

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On Monday, an Iranian drone attack sparked a fire at the United Arab Emirates’ critical Fujairah oil facility. Seen by Iran as a proxy for the US and Israel, the UAE has already faced attacks on its energy infrastructure since the war broke out on February 28. This latest escalation comes just a week after the UAE announced its decision to leave OPEC and OPEC+, the alliance of the world’s largest oil producers. What is driving Abu Dhabi’s decision to exit the group, and how might it affect regional stability? Guests: Khaled Almaeena Political Analyst Robin Mills Author of 'The Myth of the Oil Crisis' Giorgio Cafiero CEO of Gulf State Analytics #UAE #SaudiArabia #theNewsmakers

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