Trump: Iran wants blockade lift; UAE quits OPEC Friday
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- Trump says Iran is in a “state of collapse” and has asked Washington to lift the naval blockade on its ports “as soon as possible”.
- UAE announced it will leave OPEC on Friday, ending nearly 60 years of membership in the oil‑producing cartel.
- China is identified by Crisis Group as poised to exploit the Iran war, expanding its regional influence alongside Russia.
- India is turning to Russia and China for support after receiving no assistance on Iran war fallout, per India Today World.
- Ukraine accuses Israel of importing grain stolen by Russia, highlighting broader geopolitical tensions, according to BBC and AP.
Why it matters: UAE's OPEC exit on Friday ends nearly 60 years of membership, shrinking the cartel and weakening its price‑setting clout, which will lower oil prices for airlines and importers.
