April 30, 2026
UAE to Exit OPEC, Putting Pressure on Global Oil Markets

The United Arab Emirates announced on Tuesday, 28 April, that it will leave the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, removing one of the group’s top producers and further testing the cartel’s influence over global oil markets. The decision, shared through the UAE’s state-run news agency WAM…
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