In five charts - How UAE's exit could affect Opec's influence over the oil price BBC‘Take the money and run': Johns Hopkins economist Steve Hanke on why the UAE quit OPEC FortuneHow 'Little Sparta' UAE shocked the Gulf by going its own way on oil NBC NewsUAE Says It Will Leave OPEC as Iran War Strains Oil Markets The New York TimesUnited Arab Emirates to quit oil cartel Opec BBC
Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $114 per barrel CNBCOil soars above $117 as Iran war stand-off persists Financial TimesBrent hits one-month high on concerns over prolonged Hormuz disruption ReutersOil price jumps to $115 after reports of 'extended' Iran blockade BBCOil tops $115 as Iran war talks stall over the Strait of Hormuz qz.com