May 2, 2026
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s future

Why is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petroleum Exporting Countries faces a rare rupture as the UAE leaving OPEC becomes official from May 1, 2026. Why is UAE leav…
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