UAE leaves OPEC and OPEC+

(Reuters/Al Arabiya) The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+. “This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets,” WAM said. – UAE leaves OPEC and OPEC+

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