UAE leaves OPEC in major blow to global oil producers' group
It comes as unprecedented energy crisis triggered by the Iran war exposes splits among Gulf nations.
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UAE leaves OPEC in major blow to global oil producers' groupTopic:Oil and Gas1h ago1 hours agoTue 28 Apr 2026 at 3:33pmThe United Arab Emirates has said it will withdraw from OPEC, citing national interests. (AFP: Karim Sahib)In short: The United Arab Emirates has announced it will leave the oil-producers' network OPEC. It comes as an energy crisis triggered by the Iran war exposes splits among Gulf nations. The news is a win for US President Donald Trump, who in has in the past accused the organisation of "ripping off the rest of the world" by inflating oil prices.abc.net.au/news/uae-leaves-opec-oil/106618490Link copiedShareShare articleThe United Arab Emirates says it will quit oil-producers' group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among…
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