UAE exits OPEC and OPEC+

UAE exits OPEC and OPEC+
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The United Arab Emirates (UAE) has decided to withdraw from OPEC and OPEC+ effective May 1, 2026.

As reported by BAKU.WS, this was announced by the Emirati state agency WAM.

According to the agency, the UAE's decision to withdraw from OPEC and OPEC+ "is in line with the country's long-term strategic and economic strategy."

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