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UAE to Withdraw From OPEC and OPEC+ Alliance Effective 1 May 2026

The United Arab Emirates (UAE) said on Tuesday that it will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, with effect from May 1, 2026. The decision reflects the UAE’s long-term strategic and economic vision of an evolving energy profile, including accelerated investment in domestic energy production, according […]

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