UAE Withdraws from OPEC Amid Strait of Hormuz Crisis
Fast facts
- Category: Asia
- Language: EN
- Published: 2026-05-01 06:00 UTC
- Sources: The Hindu
The UAE has withdrawn from OPEC after nearly six decades, seeking greater control over oil production amid disruptions in the Strait of Hormuz. This move is expected to impact global energy security and oil markets.
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