Middle East - Irish Weekly

UAE’s Exit from OPEC Isn’t About Oil. It’s About Power.

Daniel — Tue, 02 Jun 2026 12:03:37 +0000

The UAE's exit from OPEC is about more than oil. It reflects a growing belief in Abu Dhabi that national ambition, economic diversification, and strategic independence matter more than collective production quotas. After nearly sixty years in OPEC, the UAE is betting that its future lies beyond the cartel.

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Oil, Power, and the Dollar at Risk

Daniel — Sun, 05 Apr 2026 12:08:30 +0000

A quiet shift in global oil trade is beginning to challenge the decades-old dollar-based system that helped cement U.S. economic dominance. As Gulf states reassess their alliances and explore alternatives, the balance of financial power may be slowly tilting—away from the dollar and toward a more multipolar world.

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Global Shockwaves: How a Middle East Conflict Could Disrupt Energy, Food, and Industry

Daniel — Thu, 02 Apr 2026 06:21:28 +0000

The conflict in the Middle East could trigger far-reaching economic disruption, starting with energy markets and spreading to food security, technology supply chains, and global industry. As critical trade routes face uncertainty, the ripple effects would be felt worldwide.

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World on Edge: Rising Conflicts Spark Fears of Wider War

Daniel — Sun, 15 Mar 2026 19:25:22 +0000

Escalating tensions involving the United States, Israel, and Iran are drawing more countries into the crisis, raising fears of wider instability. With military deployments in the Eastern Mediterranean and links to the ongoing Russia–Ukraine War, analysts warn that overlapping conflicts could make global tensions harder to contain.

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Regional War Expands as Hopes for Quick Iran Deal Fade

Daniel — Tue, 03 Mar 2026 17:56:56 +0000

After early optimism about renewed talks, hopes for a quick deal with Iran faded as Tehran signaled it would not return to negotiations, calling past efforts “a very bitter experience for us.” As Iran expanded its retaliatory strikes across the region, oil prices jumped and global markets recoiled, raising fears of a prolonged conflict.

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Shockwaves Across the Middle East as U.S.–Israel Strikes Hit Iran

Daniel — Sun, 01 Mar 2026 21:09:43 +0000

U.S. and Israeli forces launched sweeping strikes across Iran, shaking the Middle East and targeting senior leadership and military sites in a dramatic escalation. Tehran responded within hours, firing missiles toward Israel and U.S. bases in the Gulf, while the Islamic Revolutionary Guard Corps vowed continued resistance.

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