an interesting variable in all this is China. the whole crisis, and maduro being kidnapped by his american counterpart dictator, has left them only russia left as a major source of petroleum overseas.

If I had to guess, the UAE is looking to form petro-alliances, and have a negotiating leverage. They're have to compete, and they can't beat saudi. So, either the US caters to their demands, or they'll be forming alliances with india and china, where currently OPEC's price setting was a limiting factor.

> has left them only russia left as a major source of petroleum overseas.

China is currently importing 1.6M barrels/day from Brazil