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Why China may benefit from the UAE’s Opec withdrawal amid Iran war oil crisis
China may gain from the United Arab Emirates (UAE) withdrawing from the Organisation of Petroleum Exporting Countries (Opec), benefiting from additional supply as global oil markets face growing strain three months into the US-Israeli war in Iran, analysts said. The UAE – Opec’s
First seen · 1:00 PM UTCApril 29, 2026
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