UAE leaves OPEC and OPEC+

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Source: Al Jazeera
Published: 2026-04-28 22:33 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
The United ‌Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing ⁠a heavy ⁠blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused ⁠a historic energy shock and unsettled the global economy.
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