OPEC Under Threat: UAE Exit Could Change Oil Markets Forever | Watch | Business News | ET Now
Updated Apr 28, 2026 20:35 IST
OPEC Under Threat: UAE Exit Could Change Oil Markets Forever | Watch | Business News | ET NowThe UAE’s reported exit from the OPEC+ alliance has sparked a major debate in global oil markets.Experts like Peter Cardillo say this could be the first sign of cracks within OPEC, raising questions about the cartel’s long-term future.Meanwhile, energy expert Narendra Taneja believes a weaker OPEC may actually benefit India, allowing for better bilateral oil deals.Key questions:Will oil prices fall if OPEC weakens?Is this the beginning of the end for oil cartels?What does this mean for India, the world’s fastest-growing oil demand center?Watch this detailed discussion to understand the global oil market shift.#opec #uae #oilprices #crudeoil #energymarket #indiaeconomy #globalmarkets #oilnews #geopolitics #businessnews #etnow #energycrisis #opecplus #marketupdate #oiltrade