multi source·2h ago·11 sources analyzed
The United Arab Emirates says it's leaving OPEC, in a blow to oil cartel
United Arab Emirates to quit oil cartel Opec (bbc); The United Arab Emirates says it's leaving OPEC, in a blow to oil cartel (npr)
Image: cnbc
Updating briefing…
↓ Why this is on ModernAction
This story is connected to Western Refined Fuel Reserve Act of 2025 — legislation your representatives will vote on.
S3407 · 119th Congress
Western Refined Fuel Reserve Act of 2025
Where do you stand on this bill?
Pick a stance to continue →
Takes about 60 seconds
About this bill
What S3407 actually does
This story is about The United Arab Emirates says it's leaving OPEC, in a blow to oil cartel. This bill would set minimum storage capacities for gasoline, diesel, and jet fuel and authorize drawdowns for disruptions.
If passed, it would:
- Create a Western refined-fuel storage reserve within the Strategic Petroleum Reserve framework • Set minimum storage capacities for gasoline, diesel, and jet fuel and authorize drawdowns for disruptions.