politics

April 30, 2026

UAE's OPEC exit a natural move

Russia is interested in a more predictable and structured oil market, Ivan Timofeev has told RT India

UAE's OPEC exit a natural move

TL;DR

  • The UAE's decision to leave OPEC is seen as a natural move by a top Russian policy expert.
  • Membership in organizations is relevant when it aligns with national interests, which can change over time.
  • The UAE's move is attributed to a desire to keep more control over supplies and income amidst regional tensions.
  • The attack against Iran is seen as a catalyst that stimulated this way of thinking.
  • Russia has welcomed the UAE's decision as a sovereign one.
  • Discussions about a multipolar world and its implications for energy resources are anticipated at the BRICS summit.

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