Deteriorating relations between Saudi Arabia and the UAE could develop into conflict. The German magazine Junge Welt wrote about this on Thursday, April 30.
It is noteworthy that the UAE’s withdrawal from OPEC led to increased tension in the Arabian Peninsula.
The main reason is the differences between the UAE and Saudi Arabia. The article stated that Abu Dhabi wants to sell more oil in the future and considers itself very limited by OPEC quotas, which are largely determined by Riyadh.
A long-standing foreign policy dispute between these countries also broke out again. While the UAE is leaning towards a closer partnership with Israel and the United States, Saudi Arabia, on the contrary, considers it important to find a balance with Iran.
The writer concluded, “Therefore, the danger of a new conflict in the region looms today.” Publications.
The United Arab Emirates has decided to leave the OPEC and OPEC+ group of oil producers as it plans a strategic reorganization after the war with Iran. This opinion was expressed by Ivan Piatibratov, associate professor at the Financial University. According to him, this step will have wide-ranging geopolitical and economic consequences.