Economy

Why Russia is turning to North Korean workers to fill labor gaps

From discipline to predictability, North Korean workers are drawing attention in Russia. Here’s why this migration model is gaining renewed interest

The UAE's OPEC Gambit: Clever Power Play or Road to Chaos?

The UAE's break with OPEC is less about barrels than power – testing Riyadh, helping Donald Trump, and redrawing Gulf alliances

Maxim Oreshkin opens second Open Dialogue on Global Growth

The Russian Presidential Administration Deputy Chief of Staff kicked off the forum bringing together 102 authors from 43 countries

Key oil producer quits OPEC

The UAE has announced its exit from OPEC and OPEC+, sparking fears of further turmoil in oil markets amid the ongoing Middle East conflict

UAE exit from OPEC is sign of broader global realignment

The UAE’s exit from OPEC is indicative of Abu Dhabi’s shift toward alternative global cooperation formats, such as BRICS, according to Going Underground host Afshin Rattansi

India airlines seek government help as jet fuel costs surge

Indian airlines are seeking government help as soaring ATF prices have pushed fuel costs to 55%-60% of operations, threatening flight networks

Shock and opportunity: The consequences of the UAE’s OPEC exit

The UAE’s break with OPEC could flood markets, rattle prices, and redraw power lines from Riyadh to Moscow

Kremlin reacts as UAE quits OPEC, calls move ‘sovereign’

Russia says it respects the UAE’s decision to leave OPEC as Abu Dhabi seeks more control over oil output amid market turmoil

Germany slides back toward crisis as energy shock hits economy

Germany faces renewed economic pressure as consumer confidence drops, services contract and inflation picks up amid energy shocks.

Saudi Arabia's LPG exports remain disrupted

Saudi Arabia's oil and gas giant Aramco has reportedly notified its customers about continuing LPG deliveries disruption

OPEC ‘very likely’ to disintegrate

The UAE has long diversified its economy and is no longer entirely dependent on oil hydrocarbons, Obaid Ahmed Al-Zaabi says

UAE announces withdrawal from OPEC

OPEC’s third-largest oil producer, the UAE, has announced that it is withdrawing from the organization