The United Arab Emirates opened its annual oil-and-gas summit on Monday as it pledged to increase the country's energy output even as global prices have fallen and world politics remain uncertain ahead of the U.S. presidential election.
The massive Abu Dhabi International Petroleum Exhibition and Conference comes after the UAE just last year hosted the United Nations COP28 climate talks. Those talks ended with a call by nearly 200 countries to move away from planet-warming fossil fuels — the first time the conference made that crucial pledge.
