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UAE leaves OPEC in blow to global oil producers’ group

Cyprus Mail 28 April 2026, 20:46
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UAE leaves OPEC in blow to global oil producers’ group
The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers’ group as an unprecedented energy crisis caused by the Iran war exposes discord among Gulf nations. The exit of the UAE – one of the group’s biggest producers – weakens OPEC’s control over global oil supplies and […]