OPEC+ countries including Saudi Arabia and Russia plan a modest June oil output increase amid Iran blocking the Strait of Hormuz and UAE leaving OPEC

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OPEC+ announces a symbolic production quota hike amid UAE's exit, as the country plans to boost its oil investments.

ADNOC announced plans to spend $55 billion on new energy projects after the UAE officially left OPEC.

India's National Security Advisor Ajit Doval met UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. Discussions focused on regional stability and West Asian geopolitical developments. Doval also visited Saudi Arabia for high-level talks. These meetings aim to enhance bilateral ties and address regional security concerns.

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