Global oil dynamics enter volatile phase after UAE decision: Peter McGuire

The UAE's unexpected departure from OPEC+ has sent shockwaves through global energy markets, raising concerns about oil supply discipline and the alliance's future. This move, described as a "chink in the armor," adds significant uncertainty for importing nations like India, with crude prices expected to rise further amid ongoing geopolitical tensions.

from Economic Times https://ift.tt/MfYebmO