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energyLOWIR2026-05-02 05:37 UTC

Old and new Gulf faultlines exposed by Iran war

The United Arab Emirates (UAE) announced on April 28 that it will leave the global oil producers’ cartel OPEC. Its decision is the latest sign that the war in the Middle East has not only deepened animosities between Iran and its Gulf neighbors, but among the Gulf states too. Founded in 1960, OPEC i

ORIGINAL SOURCE →via Asia Times
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