The Industrialist Review

The Industrialist Review

New Rules: UAE leaving OPEC, China-Africa's Zero Tariff & EU REACH revision paused #213

Plus All-Electric 10,000-Tonne Container Ship and Trump's new tariff on EU's EV cars

Anh Ng. from Tocco's avatar
Trí's avatar
Anh Ng. from Tocco and Trí
May 03, 2026
∙ Paid

Four stories that matter this week:

  1. On April 28, the UAE announced to leave OPEC and OPEC+ (the latter includes Russia) on May 1. OPEC was founded in 1960 to give leading oil producers collective control over global prices through the management of supply limits. Since 2020, the UAE and Saudi Arabia have clashed over oil policy, with tensions surfacing d…

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