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USA/UAE – Hold the UAE Accountable for Meddling in US Politics (Defense One)

Ben Freemen writes: Tom Barrack, the billionaire head of Donald Trump’s inaugural committee and a top Trump campaign fundraiser, was indicted on Tuesday for “unlawful efforts to advance the interests of the United Arab Emirates in the United States at the direction of senior UAE officials.”

go to Defense One: Hold the UAE Accountable for Meddling in US Politics – Defense One

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(USA) US charges Trump ally with undisclosed lobbying for UAE (Al Jazeera)

Al Jazeera writes: Tom Barrack, a billionaire ally of Donald Trump who chaired the former president’s inaugural committee in 2016, has been arrested on foreign lobbying charges, the US Department of Justice (DOJ) said on Tuesday. Barrack, 74, was charged in a federal court in New York with seven counts of unlawful efforts to advance the interests of the United Arab Emirates, the DOJ said in a statement released by the department’s public affairs office in Washington, DC.

go to Al Jazeera website: US charges Trump ally with undisclosed lobbying for UAE | Crime News | Al Jazeera

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(OPEC+) A compromise between Saudi Arabia and UAE

Al Jazeera writes: Saudi Arabia and the United Arab Emirates have reached a compromise deal in a standoff over OPEC+ crude output quotas, according to media reports citing sources within OPEC+.

read article: Saudi and UAE reach compromise in OPEC+ standoff | Business and Economy News | Al Jazeera

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OPEC/Saudi Arabia/UAE – Saudi-UAE rivalry takes shape amid OPEC spat and competing hubs (Sean Mathews, Al Jazeera)

The United Arab Emirates’ refusal to agree to a Saudi-backed plan to boost oil output is the latest in an emerging rivalry playing out between the two traditional Gulf allies as both countries seek to diversify their economies and manage a long-term transition away from the petroleum industry.

The unusually public spat between the UAE and Saudi Arabia over output increases by the Organization of the Petroleum Exporting Countries (OPEC) has kept oil prices volatile. Monday’s OPEC meeting was cancelled and has yet to be rescheduled, leading to market uncertainty.

Saudi-UAE rivalry takes shape amid OPEC spat and competing hubs | GCC News | Al Jazeera

Competition between Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed (R)) and Saudi Crown Prince Mohammed bin Salman includes a race to secure a reputation as the region’s main business hub [File: WAM/Handout via Reuters]

Competition between Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed (R)) and Saudi Crown Prince Mohammed bin Salman includes a race to secure a reputation as the region’s main business hub [File: WAM/Handout via Reuters]

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OPEC/Saudi Arabia/UAE – From Saudi-UAE spat to 2020 price war, OPEC drama is nothing new (Al Jazeera)

The ongoing spat between the United Arab Emirates and Saudi Arabia is just the latest dispute in the decades-long history of the Organization of the Petroleum Exporting Countries (OPEC).

Founded in 1960, the OPEC oil cartel has seen its share of disagreements between members, ranging from arguments over output quotas to all-out conflicts such as the Iran-Iraq war in the 1980s and Iraq’s 1990 invasion of Kuwait.

From Saudi-UAE spat to 2020 price war, OPEC drama is nothing new | Donald Trump News | Al Jazeera

In the latest OPEC conflict, Saudi Arabia wants to extend remaining OPEC+ cuts until the end of 2022, but the United Arab Emirates wants to defer discussion on extending the pact beyond April 2022 [File: Leonhard Foeger/Reuters]

In the latest OPEC conflict, Saudi Arabia wants to extend remaining OPEC+ cuts until the end of 2022, but the United Arab Emirates wants to defer discussion on extending the pact beyond April 2022 [File: Leonhard Foeger/Reuters]

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Saudi Arabia – Saudi Arabia Steps Up Effort to Replace UAE and Qatar as Go-To Regional Hub (Dr. James M. Dorsey, BESA Center)

Saudi Arabia has stepped up efforts to outflank the UAE and Qatar as the Gulf’s commercial, cultural, and/or geostrategic hub.

Saudi Arabia Steps Up Effort to Replace UAE and Qatar as Go-To Regional Hub (besacenter.org)

Riyadh, Saudi Arabia, photo by Ekrem Osmanoglu via Unsplash

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UAE/Saudi Arabia/OPEC – Explainer: UAE and Saudi Arabia’s spat over OPEC oil production (Al Jazeera)

In a rare public spat between the Gulf state allies, the United Arab Emirates and Saudi Arabia have found themselves at loggerheads over an OPEC plan that seeks to extend a cap on oil production.

Saudi Arabia has led a push in OPEC to extend oil production curbs to the end of 2022, but the UAE pushed back on Sunday, saying a cut in output beyond the initial deadline of April 2022 would be “unfair to the UAE”.

Explainer: UAE and Saudi Arabia’s spat over OPEC oil production | Oil and Gas News | Al Jazeera

The UAE wants to increase its crude oil output, believing the market to be 'in dire need of higher production' [File: Ali Haider/EPA]

The UAE wants to increase its crude oil output, believing the market to be ‘in dire need of higher production’ [File: Ali Haider/EPA]

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UAE/OPEC – UAE rebuffs plan by OPEC, allies to extend production pact (Al Jazeera)

The United Arab Emirates has pushed back against a plan by the OPEC oil cartel and allied producing countries to extend the global pact to cut oil production beyond April 2022, a rare statement revealing the country’s frustration with the group.

UAE rebuffs plan by OPEC, allies to extend production pact | Business and Economy News | Al Jazeera

The UAE says the OPEC+ proposal to extend production agreement for the entirety of 2022 without raising its production quota is 'unfair' [File: Dado Ruvic/Illustration via Reuters]

The UAE says the OPEC+ proposal to extend production agreement for the entirety of 2022 without raising its production quota is ‘unfair’ [File: Dado Ruvic/Illustration via Reuters]

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Israel/UAE – Israel’s Yair Lapid in the UAE on first official visit (Al Jazeera)

Israel’s foreign minister arrived in the United Arab Emirates on Tuesday, kicking off the highest-level visit by an Israeli official to the Gulf Arab state since the two countries formally established relations nine months ago.

At the inauguration of the Israeli embassy in Abu Dhabi, Foreign Minister Yair Lapid told diplomats that it was an “historic moment”.

“The Middle East is our home and we’re here to stay. So we call on all the countries of the region to recognise that and to come and talk to us,” he said.

Israel’s Yair Lapid in the UAE on first official visit | Middle East News | Al Jazeera

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