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
Reuters: Lower growth in Germany in 2026 and 2027 due to the war in Iran
The official announcement of the Economy Ministry’s forecasts is expected next week
US shoots down Iranian drone approaching aircraft carrier Lincoln in the Arabian Sea
The incident comes amid heightened tensions in the wider region and a large buildup of US military forces