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UAE departure from OPEC impacts global oil prices

April 29, 2026
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The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40 of the world’s crude oil and exerts major influence over the price of energy around the globe. The UAE said in the announcement that when it leaves OPEC this Friday, it plans to [] The post UAE departure from OPEC impacts global oil prices appeared first on Egyptian Gazette.

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Egyptian Gazette

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