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Oil: What the UAE–OPEC “divorce” means for energy markets
The Reuters report gathers early reactions from analysts following the United Arab Emirates’ decision to leave OPEC and OPEC+, highlighting what it could mean for the future of the organization and global energy markets — including implications for the United States
Reuters: United Arab Emirates withdraws from OPEC, a major blow to the oil cartel
The withdrawal of the United Arab Emirates intensifies pressure on the global oil market and reshapes geopolitical balances
Tankers convoy departs from the Gulf and passes through the Strait of Hormuz
The convoy consists of four LNG carriers and tankers for the transport of petroleum products and chemicals
Prices are surging for oil and gas as Trump issues threats and Iranians deploy human shields: What markets are betting on
Natural gas prices have doubled compared to the beginning of 2026, setting the tone for wholesale electricity pricing
Iran’s oil windfall amid war with the US & Israel: How it exports up to 2.8 million barrels daily and who keeps buying
According to The Economist, despite the near closure of the Strait of Hormuz and the removal of roughly 15% of global oil supply from the market, Tehran continues to boost its revenues through a complex network of transport and financial transactions
Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing
Continued tension in the Middle East pushed crude to a new high of nearly 6%, with markets worried about new supply disruptions and prolonged energy instability
