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2026-05-03 01:24:01

The old script of petrodollars is over, and the geopolitical chess game is more stimulating than oil prices.

View Original

CryptoFrontier2026-05-02 09:41:34

UAE Exits OPEC, Signals Shift in Petrodollar System

The United Arab Emirates formally withdrew from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ mechanism on May 1 (local time), according to reports. The move is viewed as a landmark event in which Middle Eastern oil-producing nations are reassessing security, market

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