UAE Ditches OPEC, Defying Rivals and Charting Sovereignty
A Trailblazer in Turbulent Times: UAE’s Bid for Independence In the midst of heightened tensions with neighbors and the ongoing
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June 20, 2026
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UAE Ditches OPEC Amid Iran Tensions in Surprise Exit
** The United Arab Emirates has made a surprise decision to exit the Organization of the Petroleum Exporting Countries (OPEC) amidst ongoing tensions with Iran and grievances against the oil cartel’s rigid export quotas. This move could lead to significant changes in the way crude supply is controlled and has far-reaching implications for global energy dynamics.
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US Justice Department Ditches Inquiry into Powell’s 192M Federal Reserve Renovation
The US Justice Department has ended its investigation into Federal Reserve Chairman Jerome Powell over allegations of improper cost overruns in the $192M renovation of the central bank’s headquarters, bringing a major vindication for Powell and highlighting the importance of the Fed’s independence in maintaining confidence in the US financial system.
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