The UAE’s unexpected departure from OPEC+ has sent shockwaves through global energy markets, raising concerns about oil supply discipline and the alliance’s future. This move, described as a “chink in the armor,” adds significant uncertainty for importing nations like India, with crude prices expected to rise further amid ongoing geopolitical tensions.
Banking, financials remain strong play despite near-term volatility: Sunil Subramaniam
Crude oil prices and UAE’s role in OPEC+ are influencing Indian markets. Experts suggest oil prices may fall in the medium term, easing concerns for