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07.07.26 - 03:06
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UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying (ZeroHedge)
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UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying
The United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025.
June's output was the highest since April 2020, according to Reuters estimates, exceeding levels seen before the Iran war and providing an early vindication of the UAE's decision to leave OPEC and OPEC+ on May 1 to free production from quota restrictions.
The UAE told OPEC it pumped 2.11 million bpd of crude in May at the height of the conflict shut-ins, down from about 3.40 million bpd in February. The International Energy Agency, however, assessed a much higher production level for both months, seeing May output at 2.8 million bp...
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01.07.26 - 13:24
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Iran resumes direct cargo shipments from UAE (IntelliNews)
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Direct cargo shipping between the UAE and Iran has resumed as trade links normalise after months of disruption, an Iranian official says. Find out how the restart through Jebel Ali could ease supply chain delays and why freight costs remain elevated....
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29.06.26 - 18:51
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NANO Nuclear Rises On Potential Power Plant, Dual-Listing In Abu Dhabi (ZeroHedge)
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NANO Nuclear Rises On Potential Power Plant, Dual-Listing In Abu Dhabi
Over the past year, we've tracked NANO Nuclear's reactor, fuel, and supply chain programs closely through nearly every milestone. After branching into the Asian market and then making the formal transition to a revenue generating company, the company is now working on their next frontier in the UAE.
According to Semafor, the company is actively working to restart its UAE partnership after delays caused by the Iran war. The update builds on NANO Nuclear's February announcement of a Memorandum of Understanding with EHC Investment LLC, the Abu Dhabi-based firm tied to International Holding Company.
Company leadership is looking to explore joint deployment of the KRONOS MMR Energy System and supporting supply chains in the UAE and select Gulf markets.
The MOU followed the company's earlier signals of interest in regional opportunities, including senior executives' participation at ADIPEC 2025 in Abu Dhabi where leader...
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