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UAE to leave Opec in blow to oil cartel

Corroborated by 2 sources from 2 publishers

middle_eastgeneral4h ago

TL;DR

The United Arab Emirates has quit the Opec oil cartel in a heavy blow to the group and its de facto leader, Saudi Arabia, amid the global energy shock caused by the Iran war.

Sources

1

Financial Times

https://www.ft.com/content/8c354f2d-3e66-47f1-aad4-9b4aa30e386d

3h ago

2

The Guardian (World)

https://www.theguardian.com/business/2026/apr/28/uae-quit-opec-oil-exporters-cartel-donald-trump

1h ago
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