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UAE quits OPEC grouping

The UAE has become the latest to quit OPEC, raising questions about oil price unity.

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Tuesday, 28 April 2026 at 19:05 UTC
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The United Arab Emirates has announced its withdrawal from OPEC, becoming the latest country to leave the oil producers' cartel. The decision, reported by Al Jazeera, comes amid ongoing tensions over oil pricing strategies and production quotas. The UAE's exit weakens OPEC's influence and may reshape global energy dynamics, particularly as the group faces internal disagreements.
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