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UAE Quits OPEC, a Major Blow to the Oil Cartel

UAE Quits OPEC, a Major Blow to the Oil Cartel

The UAE has officially left OPEC and OPEC+, a huge move given its oil output capacity. It's leaving to focus on its 'national interests' amid its own foreign policy shifts, including growing ties with the US and Israel. This weakens a group that controls a huge chunk of global oil supply. https://www.aljazeera.com/news/2026/4/28/what-are-opec-and-opec-and-why-has-the-uae-quit

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