UAE's Opec exit seeks to hit Saudi Arabia where it hurts
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Source: Middle East Eye
Published: 2026-05-02 00:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Business & Economy
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Snippet:
When the United Arab Emirates (UAE) announced on Tuesday that it intended to exit the 12-member, six-decade-old Organization of the Petroleum Exporting Countries (Opec), the move was read by some analysts as a purely economic one.
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