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Oil Shock: UAE Exits OPEC as Hormuz Crisis Rewrites Energy Markets

30 min · 29. apr. 2026
episode Oil Shock: UAE Exits OPEC as Hormuz Crisis Rewrites Energy Markets cover

Description

The UAE has left OPEC — but that may be the least of oil markets' problems. Rory Johnston breaks down why the Strait of Hormuz closure could be the largest supply shock in recorded history. Follow Rory Johnston on X: https://x.com/Rory_Johnston Try our 24-hour news squawking service for FREE! 👇 ⁠ https://www.livesquawk.com/#sign-up ⁠ Follow us on X: ⁠https://x.com/LiveSquawk

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