Katie Martin

You're never nice.

Mm-hmm.

Something like that.

Well, let me throw you a curveball, Rob Armstrong, because just before we came to record this show, a headline broke.

Saying that, the United Arab Emirates said on Tuesday it was leaving OPEC, the organization that effectively controls oil prices.

A bunch of big oil producing countries.

They get together and talk about how much oil they're going to produce, how much they're not going to produce and roughly what they think that's going to do to oil prices.

It's been around for like decades.

It's a really important part of the fabric of global finance.

And the UAE is saying, right, after 60 years, we're off.

And everybody I've mentioned this to has gone, huh?

What?

Like, what does that mean?

The other car that this wheel is coming off is like multilateralism writ large, right?

You know, the World Trade Organization, the United Nations, NATO, OPEC, all these things are just kind of unraveling for reasons that I'm largely going to blame on the US.

I mean, whether that's fair or not, I don't know.

But like, you know, just a lot of these sort of things that tie the room together are falling apart.

Yeah.

And another interesting thing from the Reuters story about the UAE leaving OPEC says here, it's a big win for US President Donald Trump, who has accused the organization of, quotes, ripping off the rest of the world by inflating oil prices.

And it's like, dude, you inflated the oil price.