Does the UAE exit strip OPEC of its clout

Posted 1 hour ago by

Reuters

The United Arab Emirates’ decision to leave OPEC will sharply weaken the 65-year-old producer group’s influence over the oil market, just as the Middle East contends with the Iran war and a near shutdown of the Strait of Hormuz. #News #Reuters #Newsfeed Read the story here: https://reut.rs/490H25C 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en