Suhail Al Mazrouei tells The National withdrawal is aimed at preparing the Emirates for the future The UAE’s decision to withdraw from Opec is “purely a policy move” aimed at preparing the country for the future, Suhail Al Mazrouei, Minister of Energy and Infrastructure, has told The National. The world’s …

Tehran widens diplomacy to regional and global players while indirect US talks remain uncertain. Islamabad, Pakistan – Iranian Foreign Minister Abbas Araghchi has discussed with regional interlocutors a proposal aimed at reopening the Strait of Hormuz but deferring talks with the US on Tehran’s nuclear programme for later, during a …

Announcement of its exit on Friday comes as Gulf producers are already struggling to ship exports through the Strait of Hormuz. The United ‌Arab Emirates has announced its decision to quit OPEC and OPEC+ to focus on “national interests”, dealing ⁠a heavy ⁠blow to the oil-exporting groups at a time …