>The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups at a time when the Iran war has caused a historic energy shock and unsettled the global economy.https://www.aljazeera.com/news/2026/4/28/uae-leaves-opec-and-opec
What's this mean? They're going to directly cooperate with Iran?
>>534040484No it means they will sell oil on their own. Most likely in yuans
>>534040736Why would I care about paying in yuan? Is there any downside
>>534040736So they will be working with Iran? Because Iran has to let them through and they will because Iran will condone the transaction from the Chinese and UAE? Maybe they won't take a cut, but either way Iran is in control of whether that happens or not?
>>534040484No, Iran is part of OPEC. It means they're going solo by their own rules now. Regarding production, shipment, quantity, currency.
>>534040857So the important thing here is that it seems like they're for sure abandoning the dollar and this is bad news for the us?
>>534040790they must work with Iran otherwise Iran will obliterate their sand castles
>>534040379Anyone who believes the greentext must be either very young or very stupid.
>>534040379Sounds like a good idea. No idea why this price fixing cartel was treated like a positive entity to begin with.
>>534040773Trump will bomb more arabs and put jews in charge of their oil
MIGAkikes will never live this shit down>>534040773No it only matters for the USA, the petrodollar is crumbling.MIGA basically evacuated the bases in the UAE and used the jets there to protect Israel and shoot down drones (because MIGA was too stupid to partner fully with Ukraine and ramp up their anti-drone expertise) and ballistic missiles, this is the UAE's way of saying "the USA cannot protect the strait" and reneging on trading in dollars exclusively.Everything will continue going up in the USA. Except the dollar. People in the USA get fucked, unless you're a rich kike.
>>534040913In the grand scheme, yes.
DOWN goes the "Petrodollar" and UP goes the Chinese Yuan. Soon it will only be Saudi Arabia in OPEC.OPEC was outdated as fuck anyways as with new extraction tech, oil is everywhere around the world and not just concentrated in the MENA region.
Less power for OPEC. Long live the market economy.
>>534041046Take the meds your mommy offers you every morning child.
Its got nothing to do with the US dollar.You can be member of OPEC and get paid in whatever currency you prefer.This is about production quotas.Leaving OPEC means they're not bound by OPEC quotas anymore.
>>534041129Two more weeks right? Lmao. Leftists are fucking retarded. You have got everything wrong for 10 years now. >im rite biut this guisss!!!!!!xdxdLmao
>>534041046>"because MAGA was too stupid to partner fully with Ukrainewow bro yep you sure showed how intelligent you are with that statement, holy fuck
Trump wins again. He's been shitting on OPEC for a long time now and now the UAE gets to sell a lot of oil to make a lot of money from Iran not being able to sell anything due to the strait being blocked.
>>534041354Finally a sensible post. The stupidity of this board never ceases to amaze.
>>534040484>>534040736UAE is heavily in bed with USAif anything, this move signals that UAE won't care about quotas anymore so they can now pump more oil into world markets and lower the prices.this move is more likely pushed by globohomo and is not a move against globohomoit's unlikely to do much to oil prices because UAE even if they can pump up production to cover for shortages (very unlikely), they can't do it in short time
>>534040379cool, so they can finally join the state of israel
So, basically, the way OPEC works is it tries to maximize the net present value of oil deposits.Contrary to what people think, its goal is not to set a price of oil as high as possible. Because doing so would create an incentive for people to invest into alternative energy sources.So the policy of OPEC is to try and keep oil prices inside a band of "medium prices" that are not too high to deter consumers, but not too low to lose money.But Qater is not interested in that, they're looking beyond oil, so their policy is effectively to get as much oil out as possible and get as much cash as possible right now.They can't do that if they stay in OPEC, because they'd be bound by production quotas (that's how OPEC controls prices).
>>534040913Doubtful, Trump hates OPEC as far as I know. This will mostly hurt other OPEC countries and I doubt the UAE will distance itself from the US
>>534041415>day 100 of Trump's 4 day special military operation to topple iran>$100 oil>UAE leaves OPEC>more ostracized from Europe Is this what you retards call "winning"?
>>534041455Yes, kike.If the US had invested in anti-drone defenses fully with a partner that had that expertise, and not just give billions of dollars to companies that Trump's son had founded and/or invested in, there would not be a need to evacuate bases (because flying lawnmowers are scary to ZOGbots) or use our very expensive airframes at an extravagant cost to intercept flying lawnmowers.Or better yet, not starting a war for Israel in the first place.You are inbred and subhuman. You will never be White.
>>534041547Not just that but BP just posted record profits, no one in oil wants to see the price drop
>>534040379The destruction of OPEC is one of the biggest US policy victories in decades. 60 years of fucking around in the Middle East was all for this specific outcome.
>>534041670UAE is going to pump out so much oil now that they're out of OPEC that price is going to drop. There is no $100 oil scenario.
>>534041738If the price of oil gets too low, your hydrocarbons may become uneconomical to exploit.
>>534041818won't happen glownigger
>>534040379Actual happening
>>534041303https://fortune.com/2026/04/20/uae-central-bank-dollar-lifeline-fed-treasury-currency-swap-chinese-yuan-iran-war/Blow your brains out, kike.
>>534040773The price of everything coming out of China will increase as their attempts to devalue their currency fail.
basicallythis:>>534040379is happening because of this:>>534041976>UAE in desperate need of cash>threatens US Treasury if USA doesn't give gibs NAO, UAE will sell oil in yuan>US Treasury confirms the deal>a few days later>UAE exits OPEC+
>>534041866Why wouldn't it? This effectively allows them to undercut OPEC>>534041976All this means is they want access to cheap dollars using a shitty threat of the yuan. We will create the swap line and nothing will change, including you being a retard
>>534042170becaue UAE can't pump up production by 15 milion barrels a day. and even if they could, it cannot possibly happen in short time.price of oil is still going up by a lot
>>534041584MENA countries were trying to keep the price of oil low enough to make shale oil extraction unprofitable in the USA while leaving their own infrastructure untouched.
>>534040379UAE and israel are buddies now.the jews just checkmate'd iran trying to fuck up the global oil market kek.
>>534042237They can still sell the amount they are currently producing for a price that undercuts OPEC. They are the 3rd largest producer of OPEC so that is a significant amount. Short term there could be some increase due to volatility, but long term it will depend on how OPEC responds in their own pricing strategy
>>534042383long term nothing will matter because USA and The Kike Empire will collapse
>>534040913>R I N G>O>N>G
OPEC might as well renamed to OVER now because that's what it is for oilbros.
>>534042439Yeah yeah yeah everyone keeps saying that and yet nothing ever happens. Even in this situation, I would not be surprised to see them re-join OPEC in the very near future with some sort of additional voting power
lollmao evenanyone know about the hormussy status?
>>534042655double closed
>>534042170>We will create the swap line and nothing will change, including you being a retardThe swap is unlikely to pass the board of governors.>>534042142>US Treasury confirms the dealThey didn't. There's no plans for that, just Trump running his mouth.They could do what we did for Argentina, but the Iran war has no end in sight and the reality is that the US cannot protect the strait. So it's unlikely to happen. It'd just be a corrupt bailout, on top of all of the other corruption, if they somehow get it done.It all comes tumbling down, tumbling down, tumbling down.
>>534042681Sounds like the UAE is having a though time in the cuckshed there.
>>534042608>nothing ever happensthere have been non stop happenings in the past 5 years and there are still anons who claim>nothing ever happenscovid was the last thing (((they)))) controlled, it was their last ditch effort to keep control and it failed on 23.2.2022. collapse of usa is therefore guaranteed.
>>534041860The US produces more oil than any other nation individually. Other oil producing countries formed OPEC specifically to counter the US dominance of the oil market. If oil prices drop all those other countries will go bankrupt long before the US. They can't survive on their own. They can barely even survive together. The UAE is leaving because they'll go bankrupt if they can't sell their oil due to OPEC limits. They're trying to save themselves in the short run, but they're fucked either way. Other countries will follow suit and start trying to save themselves too, the price of oil will drop, and it'll be over for them. The US will hurt in the short term, but it'll survive and come out the other side better off.
>>534042734>They didn't. There's no plans for that, just Trump running his mouth.I don't care what Trump has to say, but Bessent confirmed this deal.
>>534042899Miggers are mentally ill.
In other news..
>>534040773The price of other oil vendors is calculated in dollars, and with UAE oil in yuan the petroldollar won't have as much demand, thus reduce in value.This will further inflate the American economy, and put pressure on American oil trade partners to diversify their sources.Iran daring to transact in yuan/ruble on its path towards adopting the Unit is what got them bombed by Israel.The Jews will have no problem with bombing British infrastructure to make sure you keep buying American oil.This same currency connection is why the Americans fetched Maduro.Venezuela was getting colour revolutioned by the glowies, and Maduro is highly compliant with the multipolar world plans, so he had to be kept safe.For the time being, Venezuelan oil is still being traded in USD. It's a stopgap measure for now. That sludge will be traded in alternative currencies eventually.
>>534041818>there is no $100 oil scenackkkk...
>>534042951>Bessent confirmed this deal.I'm telling you that he didn't. That'd be a precedent of the treasury bypassing the fed, and that's a whole other can of worms.With the same mechanism we did for Argentina except there's no financial backstop there because there's no timeline for the strait closure to end, because the USA cannot protect the strait.
>>534042899lol Texas extracted and refined more oil and gas than all of OPEC combined since Feb. We are Rome, seethe harder mulatto
>>534042899whoops, ment that for the spainard that replied to ya
>>534043430>We are Rome
>>534043307https://t.me/CIG_telegram/74287
>>534043430being a petro state is a bad thing
>>534043307>>534043627yeah, it wasn't a direct confirmation, but that deal will happen. if it didn't already behind closed doors. the fate of the dollar is at stake ...
>>534041354>Leaving OPEC means they're not bound by OPEC quotas anymore.Most opec nations ignore the quotas anyways and just do whatever they want.
It's funny because this is actually the death of the petrodollar and miggers are celebrating as if it was a 69D chess.Pure hubris.
>>534043430>We are RomeI've been saying that Trump is our Caligula for years, glad you finally agree.
>>534043627Yes, the ESF mentioned in that article will have no financial backstop, despite the ESF being finite. They can do a swap with that, sure, but there's no confirmation on it, and let's put it this way:It'd an even more corrupt bailout than Argentina because there is no financial backstop to the situation. There is no timeline for the strait to re-open. What would even be backing the swaps? Each month the strait stays closed, they need more dollars.Saudis want the fed gibs. It's not going to happen. Hence why the petrodollar will crumble. It all goes back to the USA not being able to protect the strait.
>>534044036all of your arguments are correct.but usa is facing collapse, rules don't apply here anymore (which, funny, will just accelerate the collapse)
>>534044030Caesarism needs more exposure on /pol/, it's an interesting parallel.
>>534043526He's not wrong, and plenty of comparisons are there>decadence galore in certain cities >abject poverty also in those same cities>a lot of the countryside is neglected and empty>drug problems galore>the locals are being blocked from getting jobs because "foreign talent" is cheaper, and being subsidized by the government>the christians have helped jews import foreign hoards who are working their way into politics and law enforcement, and will eventually/already are looting the empire(see: what jews, spics, and somalians are doing openly)
>>534044030you can only compare Trump to a toddler
>>534044231Oh, and>the military is depleted of White Americans(half and falling) after a series of disasterous middle eastern wars that were more beneficial to the jews than the empire itself
>>534040736That's not fair! After all weve done for them. How could they betray us like this?
>>534043293Actual physical oil is at $150Keep shitposting about the paper price, I'm sure it will change the fact that this is going to make your life suck when it all unwinds
>>534040736>>534040773Why do you guys think they're only going to sell in yuan? Wouldn't a more diversified option like including euro or crypto be better for them since it will put less pressure on chinese economy?
>>534040379what a bunch of fucking pussies get bombed by Iran and immediately do everything they want lol
>>534043015Based. Trannies winning status?
