hussain0216
Elite Member
UAE does not set prices. market sets price depending on demand and supply.
All UAE can do is pump oil at its own desire and not be constrained by OPEC
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UAE does not set prices. market sets price depending on demand and supply.
Do UAE leaders consider themselves Muslims? I mean I know it is only for Allah to judge but what do they think they are doing funding and siding with openly known muslim haters from Le Pen in France to urine drinking Modi in IndiaYou hit the nail on the head, the Indians on their visit to Israel few days before the attack likely concluded with the Israelis and UAE to carve up Iran. For the Indians it's a civilization war against Islam. Their vloggers spreading anti-Islamic disinformation and pushing for a secular government more aligned to ancient Persia, zoroastrians past to bind both nations at the hips. Chahbar port was probably promised for the support. This is why the indians refused instant condemnation - took them days. They fully bought into the Israeli/UAE alliance and believed that the Iranian government was on its last legs. UAE signed a defense treaty with the indians right? UAE imports them in industrial scale, open up temples for them, just had the israeli deploy their soldiers and AD there. Pushes anti-Muslim politicians and disinformation across the West. Its a page straight out of the Israeli playbook. The question what will the Iranians do about the indian trojan horse? 1.4 bn population - but weak with arrogance and pride of massive delusions - decided to firmly place themselves as open enemy of the Islam and Muslims.
Israelis and piss drinking indians will support themExactly, remember Qatar blockade with food shelves getting empty? And thats Qatar who still had other regional powers like Iran and Türkiye supporting in time of need. UAE will be royally fked if Saudis decide to do the Qatar on them. Literally everyone in the region hate them now.
Saudis should invade UAE now just walk in before they get more Israeli and inidna bases thereI don't think they give af. I mean they just stationed Israeli troops there and equipment. Its a shame actually. I liked Dubai and Abu Dhabi. They provided a lot of jobs to people from around the world. Iran did a lot of trade through the bazaaris there. I really hope they survived and recover - but as a Muslim leader, not a stooge of the non-Muslims.
Depending on loading rate, Iran could handle another 4-6 weeks in tanker loadings provided no additional empty tankers arrive. Add to that, vacant storage capacity on shore.
Demand for oil maybe less as moe countries start going for renwables and nuclear etcUAE and Dubai are finished for at least 15 years, for the time to rebuild their reputation as a safe haven, and even this will not guarantee everything will come back to pre-war status
They have been finished in less than 2 weeks since the start of the war
short term they not going to do FA.All UAE can do is pump oil at its own desire and not be constrained by OPEC
Israelis and piss drinking indians will support them
Cheng how much you paying for fuel in US of ArsesSo things are not bad enough yet to close the Bab?
Honestly I don't wish to derail the thread, but the global price of oil as a commodity and the price at which a nation sells its oil are two different economies entirely.Countries do not set the price of oil
They control their level of production. That’s the issue. Price is a function of production levels, which was tightly limited via OPEC, and no longer limited for the UAE
MBZ and team's behavior is a mystery to me as well. But we risk going off topic.Do UAE leaders consider themselves Muslims? I mean I know it is only for Allah to judge but what do they think they are doing funding and siding with openly known muslim haters from Le Pen in France to urine drinking Modi in India
see US and Iran could do a deal but bastard Israelis dont care what happens to US europe anywhere thats why they so hated everywhereEconomic indicators lag so what we are seeing is the beginning of the edge of the cliff.
UK likely will enter recession this year, Wall street expecting 30% chance the US will with inflation over 3%.
Once barrel of oil hits $125, we all going to be on a rough ride.
Bastard Bi and Israel dont give a flyshing shitIran war could push 30 million people into poverty: UN
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The UNDP says the war will have a profound impact on Sub-Saharan African countries as well as certain countries in Asia such as Bangladesh and Cambodia. (File/AFP)
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Updated 29 April 2026 18:04![]()
Iran war could push 30 million people into poverty: UN
PARIS: The US-Israeli war on Iran, which has sent the price of energy and fertilizer soaring, could plunge more than 30 million people into poverty, the head of the UN Development Programme said Wednesday. “It’s development in reverse,” Alexander De Croo told AFP on the sidelines of a G7...arab.news
AFP
April 29, 202614:29
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PARIS: The US-Israeli war on Iran, which has sent the price of energy and fertilizer soaring, could plunge more than 30 million people into poverty, the head of the UN Development Programme said Wednesday.
- A shortage of supplies and high prices has led to countries in Africa and Asia imposing a range of measures that include fuel rationing and shortening the work week
“It’s development in reverse,” Alexander De Croo told AFP on the sidelines of a G7 development meeting in Paris.
“It took decades to build stable societies, to develop local economies, and it took only several weeks of war to destroy that,” he added.
“We did a study after six weeks of war and estimated that even if the conflict ended at that point, 32 million people would be pushed into precarity in 160 countries,” said De Croo.
The war has led to closure of the Strait of Hormuz, through which a fifth of the world’s oil and liquefied natural gas flows in peacetime.
Gulf nations are also important for many oil products and feedstocks to make fertilizer.
A shortage of supplies and high prices has led to countries in Africa and Asia imposing a range of measures that include fuel rationing and shortening the work week to reduce consumption. Other countries have reduced fuel taxes to cushion the impact on consumers.
The UNDP says the war will have a profound impact on Sub-Saharan African countries as well as certain countries in Asia such as Bangladesh and Cambodia.
Developing island nations will also be particularly hard hit.
High “energy costs, a lack of fertilizer, will have an enormous impact in the months to come” on people in these countries, said De Croo, a former prime minister of Belgium.
He also warned of “political instability and a drop in remittances from abroad because a lot of people working in the Gulf countries send money home.”
To avoid poverty taking hold, the UNDP estimates that around $6bn “is needed in subsidies to support those most vulnerable to high food and energy prices,” he added.
De Croo said discussions were already underway within the IMF and World Bank.
“You can say that six billion dollars is a lot — the war cost nine billion dollars per week,” he added.
The crisis comes as development aid is at a historic low, having dropped by more than 23 percent last year, primarily due to cuts by major donors led by the United States.
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Iran war could push 30 million people into poverty: UN
PARIS: The US-Israeli war on Iran, which has sent the price of energy and fertilizer soaring, could plunge more than 30 million people into poverty, the head of the UN Development Programme said Wednesday. “It’s development in reverse,” Alexander De Croo told AFP on the sidelines of a G7...www.arabnews.com
In my view, this imposed war on Iran has strengthened the hardliners in the iranian political system and network and weakened the reformist, and if that is the case, Pezeshkian will Likely be the last reformist president of iran for a while. The US -israeli attack on iran proves the west can't be trusted by iran or negotiated fairly with, and instead, that war and tough actions by iran makes the US and israel treat iran fairly. In short, the war and co formed that tough talk is ehat US listens to, not soft negotiations that reformist have survived politically on for all these years. One evidence of this is that the reformist voices seem quiet these days, except for the president.after larijiani that guy looked like the last leader to have a spine
But do not lose hope, pezeshkian is a figurehead only and irgc is running the real things.
Again this is confusion of oil's value as a commodity and the price any state owned oil well can sell its barrels to various clients.UAE does not set prices. market sets price depending on demand and supply.
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