President Donald Trump is scheduled to arrive in Beijing on Wednesday, May 13, 2026, for high-level talks with Chinese President Xi Jinping as tensions over Iran, oil trade and regional stability continue to grow.
President Donald Trump is scheduled to arrive in Beijing on Wednesday, May 13, 2026, for high-level talks with Chinese President Xi Jinping as tensions over Iran, oil trade and regional stability continue to grow.
UAE exits OPEC and reshapes global oil and currency dynamics The decision by the United Arab Emirates to exit OPEC and OPEC+ marks a major shift in global energy markets. This move could increase oil price volatility, weaken OPEC’s control, and challenge the dominance of the US dollar in global oil trade. The timing is critical, coming amid rising oil prices, a growing dollar shortage in Gulf countries, and escalating tensions around the Strait of Hormuz. What does thi
UAE exits OPEC and reshapes global oil and currency dynamics The decision by the United Arab Emirates to exit OPEC and OPEC+ marks a major shift in global energy markets. This move could increase oil price volatility, weaken OPEC’s control, and challenge the dominance of the US dollar in global oil trade. The timing is critical, coming amid rising oil prices, a growing dollar shortage in Gulf countries, and escalating tensions around the Strait of Hormuz. What does thi