The content originally appeared on: CNN Abu Dhabi, UAE CNN - A bombshell announcement by a United Arab Emirates diplomat on Wednesday raised hopes that Gulf oil producers might come to the rescue as oil prices climbed to an eight-year high on Russia's war in Ukraine. Yousef Al Otaiba, the UAE ambassador in the United States, told CNN his country favors an oil output hike. It was the first indication from a member of the OPEC+ cartel of oil producers […]
