United States • 2026-04-28 10:51

UAE announces departure from OPEC

Fast facts

  • Category: United States
  • Language: EN
  • Published: 2026-04-28 10:51 UTC
  • Sources: PBS NewsHour

The United Arab Emirates has announced that it will leave the oil cartel OPEC effective May 1, citing dissatisfaction with production restrictions and strained relations with neighboring Saudi Arabia.

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