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bawolff 20 hours ago

> My guess is that is this because UAE has ports on the other side of Hormuz and doesn't want to be restricted in their usage by OPEC?

Does OPEC limit that? It would be very surprising to me if they did, as the point of opec is only to limit production when oil prices are low. They aren't low right now.

marcosdumay 19 hours ago | parent [-]

Besides, nobody actually follows the OPEC limitations.