Crown Prince of Abu Dhabi Sheikh Mohammad Bin Zayed Al-Nahyan has been disturbed in recent days by oil market volatility. He believes that Saudi-Russian dominance of OPEC+ has not played to UAE advantage, and that he must act as a stabilizing force.
Sheikh Mohammad is said to be also fearing that OPEC+ has already lost control of prices, and suspects that the viability of OPEC+ is in real doubt.
Tactical Report has prepared a 485-word report to shed more light on the situation.