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The Iran War is in its ninth week, the Strait of Hormuz remains effectively shut, and crude has been trading well above $110.
For Abu Dhabi, the move has been a long time coming. The UAE joined OPEC in 1967, but tension with Saudi Arabia over production quotas has been building for years.
28 sats \ 2 replies \ @optimism 17h

As my buddy used to say every time even the most minuscule thing went not as planned: never let a good crisis go to waste.

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you friend being a of person means, I'm guessng.

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130 sats \ 0 replies \ @optimism 16h

I'm not 100% sure that lawyers qualify as "person" haha

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