Finance

Handjani: OPEC Will Move Forward Weaker

The UAE has made a shock exit from OPEC blindsiding its partners and diluting the cartel's ability to steer oil prices via supply cuts. Amir Handjani, Non-resident fellow at the Quincy Institute for Responsible Statecraft spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche

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Bloomberg
April 29, 2026·1 min read
Handjani: OPEC Will Move Forward Weaker

Image: Bloomberg

The UAE has made a shock exit from OPEC blindsiding its partners and diluting the cartel's ability to steer oil prices via supply cuts. Amir Handjani, Non-resident fellow at the Quincy Institute for Responsible Statecraft spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the move and whether it was a political or economical decision. (Source: Bloomberg)

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Handjani: OPEC Will Move Forward Weaker

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