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American Automobile Association
3 posts
UAE quits OPEC after nearly six decades, dealing structural blow to oil cartel as Iran war reshapes Gulf energy landscape
The UAE is leaving OPEC during the worst Gulf energy crisis in decades. The real question is whether Saudi Arabia can hold the cartel together without it.
US gasoline prices surge 28% since Iran war began as Hormuz closure persists
US gasoline at $4.17 marks a four-year high. The harder question is whether the Iran war stalemate forces Washington or Tehran to blink first.
Pentagon escalates Operation Epic Fury on day 11 as Tehran oil depots burn
US declares most intense day of Iran strikes on day 11 as oil facilities burn, Brent crude nears $120, and Iran vows to fight on amid global energy disruption.