Why is the UAE withdrawing from OPEC?

About this episode

The episode discusses the UAE's withdrawal from OPEC amidst a global energy crisis and its implications.

The United Arab Emirates quits OPEC. The oil-producing bloc is losing one of its most important members. It comes during the worst global energy crisis of modern times, caused by the Iran war, which has hit the UAE hard. So why now - and what's the impact?  In this episode:  Chris Weafer, Chief Executive Officer at Macro-Advisory strategic consultancy  Cornelia Meyer, CEO of Meyer Resources and an oil and gas Specialist  Torbjorn Soltvedt, Associate Director at the global risk intelligence company, Verisk Maplecroft  Host: Mohammed Jamjoom Connect with us: @AJEPodcasts on  X ,  Instagram ,  Facebook , and  YouTube

People in this episode

Host: Mohammed Jamjoom

Guests: Chris Weafer, Cornelia Meyer, Torbjorn Soltvedt

Topics covered

• UAE
• OPEC
• global energy crisis
• oil production
• Iran war
• economic impact

Keywords

• UAE
• OPEC
• oil crisis
• Iran war
• energy impact
• Chris Weafer
• Cornelia Meyer
• Torbjorn Soltvedt

Mentioned in this episode

Organizations: OPEC

Places: United Arab Emirates

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