U.A.E. exits OPEC to reach 5 million bpd by 2027
NewsBytes | May 2, 2026 11:39 AM CST
U.A.E. pipeline bypasses Strait of Hormuz
The U.A.E.'s exit could shake up the regional oil scene and might even impact global prices.
Abhinav Tiwari from Bonanza points out that their Abu Dhabi pipeline cleverly avoids the Strait of Hormuz, making exports safer.
Meanwhile, Dhaval Popat notes this is a real test for OPEC+'s unity and could help countries like India save on import costs, so it's not just about oil, but bigger shifts in global energy strategies too.
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