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Friday, September 06, 2024

UAE: MBZ stance on Saudi OPEC and nuclear decisionsnote

UAE President Sheikh Mohammad Bin Zayed (MBZ) has diverse views regarding his relationship with Saudi Arabia and Crown Prince Mohammad Bin Salman (MBS) in several areas, including OPEC+ and nuclear development.

Despite agreeing to the OPEC+ recent extension of voluntary oil cuts until November, MBZ has other ideas for his country’s oil production policy.

This note delves into the following key aspects:

- MBZ stance on Saudi oil production policy

- MBZ preferences for the UAE’s oil policy

- MBZ views on the Kingdom increasing Official Sales Prices (OSP)

The note also sheds light on MBZ’s concerns towards Saudi nuclear development.


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