The crude oil production in June, at 4.1 million bpd, was the highest ever on record for the UAE, nearly double the output in March 2026 at the start of the Hormuz crisis

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.