Posted inBahrain, France, Iran, Kuwait, Middle East, Northeast Asia, Russia, World

Qatar, asserting independence, to leave OPEC in 2019

The Gulf state of Qatar’s half-century membership of one of the world’s most powerful cartels fell victim to clashing political and commercial interests this month. It happened when the country’s new energy minister, Saad al-Kaabi, announced his nation would be leaving the Organization of Petroleum Exporting Countries (OPEC) on January 1, 2019. While saying that the […]