UAE’s OPEC exit could speed up post-Hormuz market normalisation
The UAE’s decision to quit OPEC and OPEC+ is being read primarily through a geopolitical lens. But for oil markets, the more immediate and tangible question is simpler: how quickly can supply normalise once flows through the Strait of Hormuz resume? On that front, Abu Dhabi’s move could prove constructive rather than disruptive, Vandana Hari writes in her latest column for Energy Connects.