Post by Observer Research Foundation

#Commentary | #ORFIndia 🛢️ #UAE’s exit from #OPEC weakens cartel cohesion and price signalling, increasing market volatility. For #India, this raises import risks but creates opportunities for bilateral #energy deals. Strategic responses should prioritise term contracts, SPR expansion, and supply diversification to mitigate heightened oil price uncertainty. Arya Roy Bardhan explains #India's stake as #UAE's exit from #OPEC 👉 https://or-f.org/38597