Finance
Russia Says UAE’s OPEC Exit Won’t Trigger Imminent Price War
The United Arab Emirates’ decision to leave OPEC won’t lead to an imminent price war since the Iran conflict has throttled producers’ ability to unleash supplies, Russian Deputy Prime Minister Alexander Novak said.
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Bloomberg
April 30, 2026·1 min read
Image: Bloomberg
The United Arab Emirates’ decision to leave OPEC won’t lead to an imminent price war since the Iran conflict has throttled producers’ ability to unleash supplies, Russian Deputy Prime Minister Alexander Novak said.
Original article
Russia Says UAE’s OPEC Exit Won’t Trigger Imminent Price War
Published by Bloomberg