UAE To Leave OPEC, Citing 'National Interests'

Menafn | 03-05-2026 04:16pm |

The United Arab Emirates has officially declared its intention to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance. This decision is reportedly driven by a desire to prioritize the country's national interests. The UAE's exit from the group marks a significant shift in its energy policy and could have implications for global oil markets. Further details regarding the timeline and specific reasons for the withdrawal have not yet been disclosed.

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