Organization Of The Petroleum Exporting Countries Opec

International News

What to know about UAE exit from OPEC, OPEC+

The United Arab Emirates (UAE) on Tuesday announced its decision to quit the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, effective on May 1, following “a careful look at the regional power’s energy strategies.” Why is the UAE leaving one of the world’s most important oil alliances? What internal disagreement […]