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Advantage India? How New Delhi stands to gain from UAE’s withdrawal from Opec
Advantage India? How New Delhi stands to gain from UAE’s withdrawal from Opec
India
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Advantage India? How New Delhi stands to gain from UAE’s withdrawal from Opec

CurrentIndia.com
By CurrentIndia.com
The United Arab Emirates (UAE) has announced that it is quitting the 12-member Opec and its larger cousin, Opec+ from May 1. While this move hurts the oil cartel, it could be good news for India, as it will eventually lead to higher crude production and help lower New Delhi’s crude import bill

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