United Arab Emirates quits OPEC as Iran war raises gulf tensions

United Arab Emirates quits OPEC as Iran war raises gulf tensions

Summary

U.S. crude oil surpassed $100 per barrel for the first time since April 10 after Iran talks stumbled and the United Arab Emirates said it would leave OPEC.

Description

U.S. crude oil surpassed $100 per barrel for the first time since April 10 after Iran talks stumbled and the United Arab Emirates said it would leave OPEC.

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