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United Arab Emirates says it will leave OPEC effective May 1

April 28, 2026
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DUBAI, United Arab Emirates (AP) — The United Arab Emirates announced Tuesday that it will leave the oil cartel OPEC and its wider OPEC+ group effective May 1, a move rumored for some time as the Emirates chaffed under production restrictions and increasingly had frostier relations with neighboring Saudi Arabia. The UAE had been a [] The post United Arab Emirates says it will leave OPEC effective May 1 appeared first on CityNews Montreal.

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