UAE's exit from OPEC shakes up global oil market-Xinhua

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UAE's exit from OPEC shakes up global oil market

Source: Xinhua

Editor: huaxia

2026-05-01 14:54:33

The United Arab Emirates (UAE)'s withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance takes effect on Friday. It marks the end of the UAE's decades-long alignment with the cartel.

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