UAE Officially Leaves OPEC, Reshaping Global Energy Power Map

Jakarta, Sketsa.id – A shocking decision has come from the United Arab Emirates. The major Gulf oil producer officially withdrew from OPEC and OPEC+ membership effective May 1, 2026. Abu Dhabi took this strategic step to prioritize national interests while accelerating its long-term energy transition. Jorge León, Head of Geopolitical Analysis at Rystad Energy, said the […]

Hormuz Crisis Sparks Global Oil Stockpile Concerns: Japan Urges Reopening with 254-Day Reserves, While Indonesia Clings to Just 20-23 Days

International, Sketsa.id – Amid the escalating U.S.-Israel conflict with Iran, the near-total shutdown of the Strait of Hormuz—a lifeline for about 20% of global oil supplies—has thrust world oil stockpiles into the spotlight. With hundreds of tankers stranded and Brent crude prices surging up to 13% to around $82 per barrel, nations are scrambling to […]