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Trending: Will weight loss drugs be another fading fad?

Trending: Will weight loss drugs be another fading fad?

Tightening belts

When set against that not-insignificant backdrop, it’s perhaps too soon to say whether weight loss drugs — or diabetes drugs that make you lose weight — could provide a lasting answer to the US obesity issue. However, with annual courses of Mounjaro and Wegovy reportedly setting users back$12,000 and $16,000, respectively, it’s doubtful any potential solutions would reach far across different financial groups at current price points. Like many other weight loss methods before them, the drugs have been creating a bit of a buzz — this time amplified by social media.

HealthTok

At the time of writing, videos tagged with #ozempic have garnered over 1.2 billion views on TikTok. That level of hype has been blamed for causing a national shortage of the drug, leaving some diabetic Americans without the medication that they’ve relied on for years. Wegovy and Mounjaro have been experiencing similar moments in the social media spotlight too, and the increased attention has been accompanied by a swathe of scrutiny too.

A new analysis published just days ago, for instance, suggested that around two-thirds of patients ditch weight loss drugs like Wegovy within a year. News that an EU drug regulator would be widening the focus of its investigation into Novo Nordisk’s drugs and their reported suicidal side effects by taking other manufacturers into account also broke this week, in another potentially damaging sign for the burgeoning treatments.

Easy come, easy go

Indeed, while the new wave of medication is generating a lot of hype, which could well be valid given the reported success from some patients, it's no guarantee of longevity in such a market filled with fads. Food plans and programs that once promised to rock the dieting scene have come and gone over the years. The low-carb Atkins diet, for example, was immensely popular through the late 90s and early 2000s, though it’s since faded into obscurity, and similar fates have awaited the paleo, or caveman, diet as well as the keto diet which really exploded at the end of the 2010s.

Given the scale of the opportunity, if Ozempic and its peers do prove to be more than a fad, big pharma will have little issue diverting resources to make sure that supply can eventually keep up with the insatiable demand.

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US and Iran trade strikes overnight amid peace talks

Hours after President Donald Trump dismissed a report regarding a deal to restore traffic through the Strait of Hormuz, the US and Iran exchanged fresh strikes early on Thursday.

Despite an ongoing ceasefire as the countries hold talks to end the conflict, the US carried out new strikes inside Iran, The Guardian reports, prompting a retaliatory attack from Iran on a US airbase in Kuwait.

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Tom Jones

The UAE’s OPEC exit will hit the group in the barrels

After just shy of 60 years in OPEC, its membership even predating its status as a nation-state, the United Arab Emirates yesterday announced its shocking departure from the oil production group, effective May 1, as the knock-on effects of the Iran war continue to play out across the Middle East and the energy landscape.

For context, the UAE produces the third-highest amount of oil in the group, per April data and OPEC’s latest set of annual statistics.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
Sherwood News

Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
Sherwood News

Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

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