Several Middle Eastern member states of the Organization of the Petroleum Exporting Countries (OPEC) issued statements yesterday defending their recent decision to cut oil production. The United Arab Emirates' energy minister said that the move was not motivated by politics.
“I would like to clarify that the latest OPEC+ decision, which was unanimously approved, was a pure technical decision, with NO political intentions whatsoever,” tweeted Suhail Mohamed AlMazrouei.