UAE

UAE Identified As "Hub" For Companies Helping Venezuela Evade US Oil Sanctions

A detailed investigative report by Reuters has found Washington-ally United Arab Emirates has been helping Maduro’s Venezuela skirt sanctions which the Trump administration has used as pressure for regime change.  The UAE is alleged to have stepped up its sanctions-busting activities as a major “hub” allowing Venezuela to export its oil, especially after a half dozen…

Canada Latest To Approve Pfizer Jab; UAE Says Sinopharm COVID Vaccine 86% Effective: Live Updates

Summary: Canada approves Pfizer vaccine China Sinopharm Vaccine has 86% efficiency, UAE says South hospitalizations top springtime peak Worst-hit midwestern states slow Iran reports 10K+ new cases Dutch extends lockdown, announces more aid AstraZeneca warns people with allergies not to take its vaccine * * * Update (1110ET): China’s Sinopharm has finally received approval from…

UAE Condemns “Heinous” Killing Of Iran Scientist In Rare Break From Israel-Gulf Axis

By Tyler Durden Last Friday’s assassination of top Iranian nuclear scientist Mohsen Fakhrizadeh is putting immense strain on the newly ‘normalized’ ties between the United Arab Emirates and Israel. The UAE late on Sunday issued a statement strongly denouncing the attack that it called a “crime” that could destabilize the region. This after Tehran has…

OPEC+ Fails To Agree On Output Hike Ahead Of Big Meeting With UAE, Kazakhstan Opposed

One day before a crucial OPEC meeting which could determine if oil trades above $50 or back under $40 in the coming weeks, a panel of OPEC+ ministers failed to reach an agreement on whether to delay January’s oil-output increase, leaving the matter unresolved before tomorrow’s meeting. According to Bloomberg – which cited an anonymous…

Will The UAE Withdraw From OPEC?

Authored by Julianne Geiger via OilPrice.com, OPEC has suffered immensely under the pandemic and subsequent oil demand loss, and its job could now become significantly more challenging as members mull the pros of staying with the group against the con of performing the dutiful and painful task of curbing production. And the UAE is said…

In ‘Game Changer’ US Approves $23 Billion Sale Of F-35 Jets, MQ-9 Drones To UAE

In ‘Game Changer’ US Approves $23 Billion Sale Of F-35 Jets, MQ-9 Drones To UAE Tyler Durden Tue, 11/10/2020 – 23:45 In what’s being hailed as a game-changer in the region, the United Arab Emirates will receive up to 50 F-35 advanced stealth fighter jets from the United States. The deal also includes 18 battle-ready MQ-9B aerial drones and air-to-air and air-to-ground munitions in…