UAE, Saudi have spare oil capacity that is now in demand U.S. waited till crisis before seeking help, says source Longtime U.S. allies have been building Russia ties Yemen war, Iran deal strained U.S.-Gulf ties Gulf still looks to U.S. for security support DUBAI, March 10 (Reuters) – By single-handedly knocking 13% off rocketing oil prices on one day this week, the United Arab Emirates demonstrated the power Gulf producers wield in the market and sent a wake-up call to Washington to pay closer attention to its longtime allies. OPEC heavyweights Saudi Arabia and the UAE, which both bear grudges against Washington, have snubbed U.S. pleas to use their spare output capacity to […]