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

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Source: The Korea Herald
Published: 2026-04-29 11:51 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Mexico, Energy, World News
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Snippet:
DUBAI, United Arab Emirates (AP) — 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.
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