Finans

UAE-Saudi brinkmanship threatens Opec unity as oil prices soar

So sour are Saudi-Emirati relations that neither side could agree on how Monday’s private discussions concluded between Opec members and allies.

Brent, the international benchmark, reached a three-year high on Tuesday as the disagreement between Saudi Arabia, Opec’s de facto leader, and the UAE, a close, previously co-operative partner, triggered a briefing war between the two camps. Pictured: Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.
Brent, the international benchmark, reached a three-year high on Tuesday as the disagreement between Saudi Arabia, Opec’s de facto leader, and the UAE, a close, previously co-operative partner, triggered a briefing war between the two camps. Pictured: Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.Foto: Ahmed Jadallah/Reuters/NTB
  • Simeon Kerr (FT)
  • Anjli Raval (FT)
  • Derek Brower (FT)
Publisert 8. July 2021, kl. 21.31Oppdatert 8. July 2021, kl. 21.31
EnergiOljeOljeprisenOpecOpec+