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UAE to leave Opec after 6 decades, oil cartel unity questioned

South China Morning Post 28 April 2026 8h ago
UAE to leave Opec after 6 decades, oil cartel unity questioned
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The United Arab Emirates announced on Tuesday that it will leave the Organization of the Petroleum Exporting Countries (Opec) and the wider Opec+ alliance effective May 1, a move that signals a push for greater control over its production strategy. The decision followed “a comprehensive review” of the country’s production policy and capacity, the Ministry of Infrastructure said in a statement, add
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