UAE oil output hit a record 4.1 million bpd in June, IEA data show, as the country exited OPEC and skirted the Hormuz blockade.

The UAE hit record crude oil output above 3.8 million bpd after exiting OPEC. Lower energy costs and sovereign wealth flows could impact Bitcoin mining and

UAE oil output hit a record 4.1 million bpd in June, IEA data show, as the country exited OPEC and skirted the Hormuz blockade.