Live updates: UAE to quit OPEC in blow to world’s leading oil exporters, as Iran war roils energy sector
The United Arab Emirates will withdraw from Organization of the Petroleum Exporting Countries (OPEC) on May 1, the UAE’s state news agency WAM said. “This decision aligns with the United Arab Emirates’ long-term strategic and economic vision and the development of its energy sector, including accelerating investment in domestic energy production,” the statement said. OPEC … Read more