India, April 28 -- The United Arab Emirates has outlined a long-term strategic adjustment in its energy policy, emphasizing increased domestic energy investment and a more flexible approach to global oil supply management, according to a statement reported by state media.

The UAE said the move reflects its "evolving energy profile" and plans to expand domestic production capacity while continuing to play a "responsible and reliable role" in global energy markets.

The country clarified that it will continue bringing additional oil supply to the market in a gradual and demand-driven manner, aligned with global market conditions.

This announcement comes amid heightened volatility in global energy markets triggered by geopolitical tensions...