SPX7,580.06+0.22%DJIA51,032+0.72%COMP26,973+0.20%RUT2,919.34-0.59%CL$87.76-1.28%GC$4,569.90+1.57%DX98.94-0.08%VIX15.32-2.67%Fed Funds4.50%HOLD10Y4.287%-0.031CPI Y/Y2.8%-0.1%Core PCE2.7%-0.1%Unemp4.2%0.0NFP+150kMayGDP Q/Q+2.6%Q1Retail+0.4%M/MSPX7,580.06+0.22%DJIA51,032+0.72%COMP26,973+0.20%RUT2,919.34-0.59%CL$87.76-1.28%GC$4,569.90+1.57%DX98.94-0.08%VIX15.32-2.67%Fed Funds4.50%HOLD10Y4.287%-0.031CPI Y/Y2.8%-0.1%Core PCE2.7%-0.1%Unemp4.2%0.0NFP+150kMayGDP Q/Q+2.6%Q1Retail+0.4%M/M

UAE’s OPEC Exit Shakes Oil Markets as China Benefits Most from Energy Crisis

ByON1010 Research Posted onMay 18, 2026 at 6:00 AM EDT Reading Time: 3 minutes

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THE OPENING BELL

Energy markets are waking up to a new reality this Monday: traditional alliances are fracturing under the pressure of the ongoing Strait of Hormuz crisis. The UAE’s departure from OPEC signals that oil-producing nations are choosing national interests over collective action — a shift that could reshape global energy flows just as the world grapples with a 20% supply disruption. This isn’t just about oil prices anymore; it’s about which economies emerge stronger when the crisis ends.

MARKET SNAPSHOT

Fed Funds Target Range: 3.5%-3.75%

10-Year Treasury: 4.47%

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