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๐ฐ **The UAE Quit OPEC Because Its Sovereign Wealth Now Dwarfs Oil**
The UAE left OPEC because its $1.7 trillion sovereign wealth portfolio now matters more than the price of crude. Higher oil prices can hurt Abu Dhabi as much as help it.
๐ https://www.forbes.com/sites/jamesbroughel/2026/05/02/the-uae-quit-opec-because-its-sovereign-wealth-now-dwarfs-oil/
#markets #news
The UAE left OPEC because its $1.7 trillion sovereign wealth portfolio now matters more than the price of crude. Higher oil prices can hurt Abu Dhabi as much as help it.
๐ https://www.forbes.com/sites/jamesbroughel/2026/05/02/the-uae-quit-opec-because-its-sovereign-wealth-now-dwarfs-oil/
#markets #news
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