Why is the UAE quitting OPEC — and what's the impact? | Inside Story

The United Arab Emirates quits OPEC - the oil-producing bloc losing one of its most important members. It comes during the worst global energy crisis of modern times, caused by the Iran war which has hit the UAE hard. So why now - and what's the impact? Presenter: Mohammed Jamjoom Guests: Chris Weafer, Chief Executive Officer at Macro-Advisory strategic consultancy. Cornelia Meyer, CEO of Meyer Resources and an oil and gas Specialist. Torbjorn Soltvedt, Associate Director at the global risk intelligence company, Verisk Maplecroft. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #UAE #OPEC #UAEQuitsOPEC #GasPrices #FuelPrices #OilSupply #EnergyCrisis #Oil #Gas #OilPrices #USIsraelWarOnIran #IranWar #IranConflict #MiddleEast #StraitOfHormuz #USBlockadeOnIran #HormuzBlockade #USNavalBlockadeOnIran #AlJazeeraEnglish