NEW EASTERN OUTLOOK 🌐 (@NEO_Journal)

The effects of the Iran War and the future of the UAE's role in the oil market The UAE's official withdrawal from OPEC and OPEC+ on the eve of May 2026 is a “turn” in energy geopolitics, from the “institutional convergence” model to “strategic autonomy”. In recent years, the UAE has invested heavily (approximately $150 million) in expanding oil production, increasing its maximum capacity to about 5–6 million barrels per day. The UAE's new oil approach is a kind of “maximization of investment returns” and freedom from restrictions and coordination with its economic need... #Energycrisis #Energyresources #MiddleEastconflict #UAE READ MORE 💣Boost us ✅@NewEasternOutlook