UAE Announces Withdrawal from OPEC Amid Strait of Hormuz Crisis
The UAE’s Minister of Energy and Infrastructure, Suhail bin Mohamed Al Mazrouei, defended the withdrawal from OPEC. He stated that the move represents a necessary political evolution aligned with long-term market fundamentals.
El ministro de Energía e Infraestructura de Emiratos Árabes, Suhail bin Mohamed Al Mazrouei, defendió que la retirada de la OPEP “refleja una evolución política alineada con los fundamentos del mercado a largo plazo”