Defence analyst says UAE withdrawal from Opec linked to competition with Saudi Arabia

Описание: Andreas Krieg, a defence and security analyst, told MEE the UAE’s decision to leave Opec and Opec+  is linked to the country’s desire “to create more autonomy, more sovereignty”, in competition with Saudi Arabia.

“Emiratis always try to find a way to create more autonomy, more sovereignty, away from Saudi Arabia, even at the expense of Saudi Arabia,” he said.

“The difference here is the Emiratis have the ambition of being a middle power on par with Saudi Arabia.”

The United Arab Emirates announced it will withdraw from the Opec and Opec+ oil cartels, causing fresh shockwaves as energy prices soar over the Middle East war.


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