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energyLOWAE2026-04-29 09:31 UTC

United Arab Emirates will leave OPEC in a blow to the oil cartel

United Arab Emirates will leave OPEC in a blow to the oil cartel

The United Arab Emirates said Tuesday it will leave OPEC effective May 1, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices. The UAE's decision had been rumored as a possibility for some time, as it pushed back in recent yea

ORIGINAL SOURCE →via France 24
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