What is the Pakistan factor in UAE's exit from OPEC & how is India involved in it?
UAE exited OPEC because of Saudi Arabia's influence, and as it was upset with Pakistan's failed Iran war negotiations. UAE was also unhappy with growing Saudi Arabia-Pakistan relations, symbolised by their recently signed mutual defence pact. While the Saudi Arabia-Pakistan relationship grows, UAE has been investing heavily in India, which is where their rivalry may now play out, NDTV reported.