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newsApr 29, 20261:57

UAE Leaves OPEC, Oil Prices Surge

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Asian stocks rallied today, disregarding Wall Streets previous dip, while oil prices surged following the UAEs OPEC exit announcement. The UAE, a top OPEC producer, will leave the cartel this Friday, potentially increasing global oil supply. However, the Iran war continues to disrupt markets, with the Strait of Hormuz still partially closed, causing price volatility. Investors are awaiting the Federal Reserves interest rate decision and big tech earnings reports. Wall Street retreated from records yesterday, but U.S. futures are now ticking up, with the dollar strengthening against the yen.

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UAE Leaves OPEC, Oil Prices Surge

Global News Today | 2 Min News | The Daily News Now!

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Global News Today | 2 Min News | The Daily News Now!UAE Leaves OPEC, Oil Prices Surge. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On April 29, King Charles III and Queen Camilla are landing in New York Wednesday, smack in the middle of their four-day U.S. trip, marking two. 150 years since American independence. It's the first time a raining British monarch has hit the city since Queen Elizabeth II, back in 2010. They'll kick off with a wreath laying at the National September 11th Memorial, chatting with first responders and victims families, joined by new. York City Mayor Zoraan Mamdani, and other big names, right before the attack's 25th anniversary. Queen Camilla heads to the near public library next, dropping off a new Rudolph to join the famous Winnie the Pooh collection, celebrating the Character's 100th year. King Charles checks out an after-school urban farm, helping kids facing food shortages, then links up with business leaders in Manhattan before they. Both hit a reception for the King's trust charity he started in 1976. This marks Charles's debut state visit to the U.S. as King.

His mom made four after tea with President Trump and Melania at the White House Monday. A, private oval office talk, and his first ever monarch speech to Congress, Tuesday, capped by a state dinner. The trip wraps with Virginia stops, a Thursday White House farewell from Trump, then Charles jets solo to Bermuda, his first kingly visit to that British territory. Royals keeping the transatlantic ties tight. That's the story for today, global news today, driven by AI. I'm Corey with the story.

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