The content of this article comes from the Internet, if it is inconsistent with the actual situation or there is infringement, please contact to delete. This article is only published in today's headlines, please do not move.
The recent dramatic turmoil in the international crude oil market makes one wonder about the political and economic motives behind it. For a time, rumors about whether the UAE withdrew from OPEC triggered sharp fluctuations in international oil prices. A Wall Street Journal report announced that the UAE was considering withdrawing from OPEC, causing oil prices to plunge nearly 3%. But soon after, a Reuters report denied this claim, and international oil prices rose again.
From an economic point of view, it is common for international oil prices to fluctuate in response to policy movements in key oil-producing countries. However, when we look at this event from a political perspective, the situation becomes much more complicated. There is no doubt that the United States seems to be plotting a game of contradiction between Middle Eastern oil producers, and the United Arab Emirates has become a player.
According to the Wall Street Journal, the UAE is considering withdrawing from OPEC because of dissatisfaction with the Saudi-led production cuts, which has strained relations between the two countries. The United States has tried in the past to persuade Saudi Arabia to increase oil production in order to weaken Russia's position in the international oil market. However, this attempt was unsuccessful. On the one hand, tensions between the United States and Saudi Arabia have a long history, with the murder of journalist Jamal Khashoggi straining relations between the two countries. On the other hand, Saudi Arabia and Russia have similar positions on oil prices, as they both want to maintain high oil prices to protect their economic interests.
Saudi Arabia's refusal has sparked resentment in the United States, especially in the face of Russia, an important adversary. The United States has tried to use various means to pressure Saudi Arabia and even reassess its relationship with Saudi Arabia. The obvious purpose of this strategy is to reduce Saudi Arabia's influence in the global oil market by threatening Saudi Arabia to side with the United States in the international oil market, otherwise the United States may try to dismantle OPEC.
However, it will not be easy to achieve this strategy. Despite the US media's hype over the UAE's dissatisfaction with Saudi Arabia's production reduction policy, the UAE's own influence on the international energy market is relatively limited. Unlike Saudi Arabia, the UAE has a smaller economy and smaller oil reserves. Therefore, the UAE may not have enough strength to directly refuse the US request. In this case, the only option is to shift the blame to the "taller" Saudi Arabia, which makes some sense, since Saudi Arabia has long been regarded as the leader of the Middle East's oil producers, and its responsibility is to maintain regional stability and balance in the oil market.
However, it is interesting to note that the US media seems to have reported the UAE's dumping behavior as fact, which may have a deeper purpose. This strategic tactic is actually a way for the United States to express its displeasure and threats against Saudi Arabia, aiming to warn Saudi Arabia that if it does not align itself with the United States, then the United States may use the differences between Saudi Arabia and other oil producers to divide OPEC and thus weaken Saudi influence around the world.
Of course, U.S. intentions and capabilities are two different things. Successfully dismantling the relationship between Saudi Arabia and the UAE and influencing Saudi policy may face difficulties. Although the US media spread the news that the UAE is considering withdrawing from OPEC, from the perspective of the UAE's domestic and foreign policies, they are clearly in line with the trend of Saudi Arabia. For example, the recent expansion of trade between the UAE and China is consistent with Saudi Arabia's push to upgrade diplomatic relations between China and Arab countries. This trade in military equipment is clearly not in the interests of the United States, so if the UAE really intends to increase oil production, quarrel with Saudi Arabia, or even withdraw from OPEC, then its move to strengthen military trade with China will cause more problems.
In conclusion, rumors that the UAE is considering withdrawing from OPEC are likely to be part of the tactics used by the US media to threaten Saudi Arabia. However, the close relationship between Saudi Arabia and the UAE and the UAE's cooperation with other countries do not appear to be clearly threatened. The incident once again underscores the complexity of the Middle East and the complex political and economic interests of nations.
The above content and materials are derived from the Internet, and the author of this article does not intend to target or allude to any real country, political system, organization, race, individual. The above does not mean that the author of this article endorses the laws, rules, opinions, behaviors in the article and is responsible for the authenticity of the relevant information. The author of this article is not responsible for any issues arising above or related to any of the above, nor does it assume any direct or indirect legal liability.