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28.04.26 - 21:12
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How the UAE′s decision to leave Opec could recast the Middle East (The Guardian)
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Defection is damaging to Saudi Arabia's prestige – and could strengthen the US hand in the regionThe United Arab Emirates' decision to walk out of Opec is a political as much as business decision, and will reignite the simmering rows between the UAE and Saudi Arabia – which had been covered up by their shared anger with Iran over its attacks on the Gulf states since the start of the US-Israel war on Tehran.In the short term, leaving the oil producing cartel it joined in 1967 gives the UAE the freedom to respond quickly to a long-term prospect of constrained supplies, and to maximise profit. But it is a decision the UAE has considered before, as UAE and Saudi tensions over production quotas have been longstanding. Continue reading......
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28.04.26 - 20:15
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Das war′s mit der grossen Öl-Familie (Inside Paradeplatz)
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Austritt der Vereinigten Arabischen Emirate aus OPEC spielt Trump in die Hände – für US-Präsident war Förderverbund ein Abzocker-Club.
Die Vereinigten Arabischen Emirate schmeissen die Tür zu und verlassen OPEC und OPEC+. Einer der grössten Förderstaaten der Welt pfeift auf Quoten, Regeln und das Machtspiel aus Riad. Für Saudi-Arabien ist es eine Demütigung erster Klasse..
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28.04.26 - 18:42
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Formula 1 May Reschedule One Middle East Race Canceled Due to Iran War (Bloomberg)
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Speaking with Bloomberg's Francine Lacqua at the Norges Bank Conference in Oslo, Formula 1 Chief Executive Officer Stefano Domenicali talks about the possibility of adding more races in the US. He says the demand from fans is very high. He also says it may only be possible to reschedule one of two races in the Middle East that were canceled earlier this season. (Source: Bloomberg)...
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28.04.26 - 16:12
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Middle East Impasse Drags Markets Lower (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The stalemate in the Middle East and the spike in crude oil prices have dampened global market sentiment. Mixed earnings as well as anxiety ahead of central ba......
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