Prominent on the agenda will be the UAE’s decision to exit OPEC and Saudi Arabia’s pullback on megaproject spending, from NEOM to LIV Golf

The upstart league is scrambling for investors, but any rescue is unlikely to preserve its massive spending on stars like Bryson DeChambeau, Jon Rahm

Saudi Arabia and other core members are expected to keep the alliance intact, though the group's power to enforce its decisions may diminish

The breakup, which takes effect May 1, comes as Gulf oil and LNG producers struggle to move exports while Iran blocks the Strait of Hormuz

Fertilizer costs are also spiking further amid the Strait of Hormuz shutdown, which has halted Qatar's exports of urea, sulphur and ammonia