Live Update
From the Liveblog of
Tuesday, April 28, 2026
UAE says it will withdraw from OPEC and OPEC+ oil cartels
The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels on May 1, state media says, calling it a strategic decision by the major producer.
“This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile,” the official WAM news agency says.
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