UAE DROPPING OUT OF OPEC?

Eric Bolling says the UAE’s reported May 1 exit from OPEC could weaken the group’s control over oil prices and spark broader shifts in global energy markets. If other nations follow, it may speed OPEC’s decline. The move may also signal Gulf financial strain and closer ties with the United States, while oil stays volatile above $100 amid uncertainty over Iran and the Strait of Hormuz.

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