Cartel and Crown: Suhail Al Mazrouei, the Long Game, and the Morning OPEC Lost Its Seventh Largest Producer

Global Markets by Karim Al-Mansour Cartel and Crown: Suhail Al Mazrouei, the Long Game, and the Morning OPEC Lost Its Seventh Largest Producer The Decision This afternoon (Tuesday April 28 2026), with OPEC ministers due to gather in Vienna the following day and the world’s oil market still choking on the supply destruction wrought by the Strait of Hormuz crisis, the United Arab Emirates announced that it would leave OPEC and the broader OPEC+ framework effective May 1. The statement, carried...