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Politics
UAE exit from OPEC latest blow to cartel, already underminded by US oil
May 1, 2026
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Posted 2 hours ago by
The United Arab Emirates’ decision this week to leave the Organization of the Petroleum Exporting Countries (OPEC) is just the latest departure and yet another sign that the cartel’s decades-long grip over global energy markets is drifting further into the history books. The UAE has ambitions to increase its oil and gas production, and this []...Click to read more
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