Skip to content
Wednesday, 6 May 2026
Mukhyamantri
Business

Opec's loss may be India’s gain: How the UAE's exit from the cartel could ease our oil import bills

The United Arab Emirates' exit from Organization of the Petroleum Exporting Countries could mean it gets to raise oil production and pump more of it through its Fujairah pipeline that bypasses Hormuz. Both could serve India’s energy interests.

By Narayan Ramachandran· Livemint· 2 days ago· 2 min read
Opec's loss may be India’s gain: How the UAE's exit from the cartel could ease our oil import bills