Opec: UAE’s Exit from : A Significant Shift in the Energy Market
On April 28, 2026
The UAE has quit OPEC, signaling a major shift in the energy market. This decision comes amid rising oil prices and geopolitical tensions.
The IEA has announced measures to address the severe disruptions in the global oil market caused by the conflict in the Middle East, particularly affecting the Strait of Hormuz.
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