UAE India Energy Partnership: With no OPEC cap, UAE can send more oil to India via Fujairah, skipping Strait of Hormuz
The UAE’s exit from the Organization of the Petroleum Exporting Countries (OPEC) has altered the energy landscape in the Middle East and has opened new possibilities for global oil trade. Effective May 1, Abu Dhabi would be free from the oil cartel’s production limits, which are set primarily by Saudi Arabia, and can ramp up…
