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Will UAE’s exit spell the end of OPEC?

Asia Times
May 1, 2026

The decision by the United Arab Emirates to leave the oil producers’ cartel OPEC after 59 years is more than a symbolic break. It highlights a growing divide among major oil producers over how to respond to a changing energy landscape, and will weaken the group’s ability to manage global supply. In the short term, […] The post Will UAE’s exit spell the end of OPEC? appeared first on Asia Times .

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