Day 60 of Middle East conflict - UAE to quit OPEC and OPEC+ this week | CNN
Iran is also expected to submit a revised peace proposal, sources say, after President Donald Trump indicated he would not accept an earlier version. ⢠Get the latest updates on the war with Iran here. ⢠UAE quits oil cartel: The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) this week, as the Iran war roils global energy markets. The UAE took the decision now because the closure of the Strait of Hormuz will limit the impact on the oil market, the countryâs energy minister told CNN. ⢠Peace talks: Mediators in Pakistan expect to receive a revised proposal from Iran in the next few days, after President Donald Trump indicated that he would not accept an earlier version, sources close to the process say. ⢠In Lebanon: Israeli strikes killed at least ten people throughout southern Lebanon on Tuesday, according to state media and national authorities. The Israeli military also announced that it destroyed underground tunnels belonging to Hezbollah in southern Lebanon, likening the structures to those it has encountered in Gaza. Despite a declared ceasefire, Israeli strikes killed at least ten people throughout southern Leba
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