UAE quits OPEC in shock move
Fast facts
- Category: Middle East
- Language: EN
- Published: 2026-04-28 10:12 UTC
- Sources: BBC World News, Deutsche Welle
The United Arab Emirates has announced its withdrawal from the OPEC and OPEC+ oil cartels, citing 'national interests' as energy prices continue to climb amid the ongoing Iran conflict. Reuters reports that this is a major blow to the oil cartel, while BBC says it's a potential death knell.
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