The UAE’s state-run news agency WAM says the country will leave OPEC and OPEC+ on 1 May. The twelve (now eleven) country-cartel produced around 40% of global oil supply…
“This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets.”
The UAE usually accounts for 4% of global oil production. The country says it will ramp up production and the move to leave OPEC is in response to changing demand. Going it alone…
Red Wall Labour backbencher Jonathan Brash told GB News that Starmer should resign:
“I’m completely fed up about it, and I think it’s got to the point now where I genuinely think that, as far as the Prime Minister is concerned, it’s not a case of if, it’s when.”