UAE announces it will leave OPEC

The United Arab Emirates announced it will exit the Organization of the Petroleum Exporting Countries after more than 50 years of membership, marking a significant shift in its energy policy and global oil coordination. The move comes amid growing ambitions to expand its own oil production capacity independently. The UAE aims to pursue energy strategies aligned with its national interests rather than OPEC's collective agreements. The exact timeline for the withdrawal process was not fully detailed.