Till world shifts to green energy, split between Saudi and UAE won't end

It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.

The friction between Saudi Arabia and the United Arab Emirates that had held oil markets hostage finally ended last week, with an announcement that the Emirati quota from which production cuts are calculated will be increased. 

Thus ends the latest drama within the ranks of OPEC+, but the curtain did not fall before giving us a preview of how that consortium is likely to ultimately unravel. The trigger won’t be the historical and political tension between the two Gulf powers, but their opposing views of the coming global shift away from fossil fuels and the way in which they can