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Ship Signals in the Persian Gulf Go Haywire as Tensions Around Hormuz Escalate

According to Bloomberg, dozens of ships in tracking systems suddenly began appearing not at sea, but on land — deep inside the territory of the United Arab Emirates and near the border with Oman.

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The UAE’s OPEC Exit and the End of the Petrodollar Illusion

The UAE’s decision to leave OPEC is more than a technical dispute over production quotas. It is another sign that the old petrodollar order is fading — though not yet proof that a petroyuan era has arrived.