BHAN85
Trusted Member
Iran could give Shahed drones design for free to Mexican cartels.
Not to win anything, just to fck to who is fcking them.
Iran - Israel/US War: Israel-US declare war on Iran, Iran responds
- Thread starter Khorasan Black Flags
- Start date
Not to win anything, just to fck to who is fcking them.
ety
Trusted Member
They just want to see China run into energy supplies trouble because of the war. They should really worry about their country instead.
Fatman17
THINK TANK: CONSULTANT
BREAKING: The United Arab Emirates said it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy https://reut.rs/48neWBu
Sam6536
Registered Member
Ah well guess the UAE doesn't like OPEC's forced quotas. They probably want more control over production. They do have significant oil reserves and production rate.
MH.Yang
Trusted Member
The UAE's withdrawal from OPEC is a political victory for Trump.
Trump has always wanted to lower oil prices by increasing oil production, while the United Arab Emirates has always wanted to increase production to 5 million barrels, but OPEC has never agreed.
Of course, China is also happy to see the UAE increase its oil production. Russia might not be happy.
The awkward situation of the United Arab Emirates in the Iran War is also one of the reasons.
lightning f57
Trusted Member
Maybe they can make a new bunker busting BM version to take out yahu the rat hiding in his bunker.
Flotilla
Trusted Member
Are you sure about It?.
I am not an expert in oil trading... But if they're out, wouldn't they export their oil in other currencies aside of USD and Swift payments?.
That would be a major blow to US debt machine.
Anyone can give a much more knowledgeable info about repercussions?.
Hum bike ki "Tanki" full kerwa lain ga.
This is how Pakistanis cope mechanism works.
Master Chief
Trusted Member
The exact currency of trade would have nothing to do with this decision. It is a decision taken out of need, as their cash flow is now being put at risk by the Hormuz stand off.
Himalayan
Registered Member
Weakened OPEC+ means less predictable oil prices and reduced need for dollar-denominated settlements..., hurting both Russia and Saudi Arabia.. and lowering China’s import bills, potentially in Yuan trading.
