{"id":27347,"date":"2026-04-29T03:17:21","date_gmt":"2026-04-29T07:17:21","guid":{"rendered":"https:\/\/www.stingfm.com\/news\/why-uaes-exit-from-opec-is-good-news-for-asias-energy-security\/"},"modified":"2026-04-29T03:17:21","modified_gmt":"2026-04-29T07:17:21","slug":"why-uaes-exit-from-opec-is-good-news-for-asias-energy-security","status":"publish","type":"post","link":"https:\/\/www.stingfm.com\/news\/why-uaes-exit-from-opec-is-good-news-for-asias-energy-security\/","title":{"rendered":"Why UAE\u2019s exit from Opec is good news for Asia\u2019s energy security"},"content":{"rendered":"<div>Asia\u2019s oil import-dependent economies will benefit from the United Arab Emirates\u2019 (UAE) exit from Opec, though the ongoing closure of the arterial Strait of Hormuz may not offer any immediate relief from soaring prices, analysts say.<br \/>\nGlobal oil prices continued to surge on Wednesday, with benchmark Brent crude oil prices hitting US$111 a barrel and US West Texas Intermediate (WTI) approaching US$100 a barrel. Before the Iran war, Brent was trading around US$70 a barrel, while WTI was about US$65&#8230;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Asia\u2019s oil import-dependent economies will benefit from the United Arab Emirates\u2019 (UAE) exit from Opec, though the ongoing closure of the arterial Strait of Hormuz may not offer any immediate relief from soaring prices, analysts say. Global oil prices continued to surge on Wednesday, with benchmark Brent crude oil prices hitting US$111 a barrel and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[],"class_list":["post-27347","post","type-post","status-publish","format-standard","hentry","category-south-china-morning-post"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why UAE\u2019s exit from Opec is good news for Asia\u2019s energy security - Sting FM<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why UAE\u2019s exit from Opec is good news for Asia\u2019s energy security - Sting FM\" \/>\n<meta property=\"og:description\" content=\"Asia\u2019s oil import-dependent economies will benefit from the United Arab Emirates\u2019 (UAE) exit from Opec, though the ongoing closure of the arterial Strait of Hormuz may not offer any immediate relief from soaring prices, analysts say. 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