Raj Nair, Chairman at Avalon Consulting, shared his views on UAE’s OPEC Exit Could Give India More Bargaining Power in Energy Deals, which was published in Outlook Business.
He highlighted that the UAE’s exit could weaken the traditional sellers’ cartel, potentially enabling India—as a major crude importer—to strengthen its negotiating position and even explore buyer-side coordination. The article notes that shifting geopolitical dynamics, including tensions within OPEC+ and global energy interests, could open opportunities for long-term supply agreements and strategic crude storage arrangements for India.
