Perspective: The UAE has chosen a path of independence and setting its own policy free from the demands of OPEC.

The United Arab Emirates will leave OPEC next month, in a significant blow to the group that raises questions about its future at a time when the industry is grappling with the massive supply disruption caused by the Iran war. It’s the latest indication of how the conflict is reshaping global energy markets:

Oil markets are navigating a period of unprecedented volatility after the UAE announced its withdrawal from OPEC and the OPEC+. View on euronews

Follow real-time developments as the US-Israel conflict with Iran unfolds amid escalating political rhetoric, stalled diplomacy and continued military exchanges across the Middle East. Track the latest strategic decisions,

U.S. goals haven’t been met, but the war will cause long-term disruptions.

The Trump administration seems unlikely to accept Iran’s offer to end the war and its chokehold on the Strait of Hormuz. The proposal delivered by Pakistan calls for the U.S. to lift its blockade

As the U.S. blockade and Iranian mines and drones halt shipping in the Strait of Hormuz, U.S. gas prices also reached a level not seen since just after Russia’s Ukraine invasion.

Talks between Iran and the United States on ending the war seem stalled, despite U_S_ President Donald Trump earlier claiming Iran had informed his administration that it was in a “State of Collapse.”