Fuel Crisis Could Help Abu Dhabi Strike A Strategic Victory Against Dubai

BMI View: The UAE fuel crisis is ultimately the result of market distortions arising from the federation's fuel-subsidy programme. With reform unlikely to be implemented anytime soon, the lingering closure of Dubai-based ENOC's petrol stations opens the door for rival and cash-rich Abu Dhabi's ADNOC to tighten its grip on the country's downstream sector.

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