UAE leaves OPEC, jolting cartel that pumps 40% of global crude and sways energy prices.
The United Arab Emirates has decided to leave OPEC, shaking the 65-year-old oil cartel that produces about 40% of the world’s crude and exerts major influence over global energy prices.
What happened
The United Arab Emirates has decided to leave OPEC, shaking the 65-year-old oil cartel that produces about 40% of the world’s crude and exerts major influence over global energy prices.
Quick reaction
One tap helps tune what we surface next.
Reader discussion
Public commentsNo comments yet. Start the discussion around this signal.
Follow this signal
Get updates on this story
We will email you if this changes materially. No spam. Daily brief optional.
Map context
Open map near United Arab Emirates
Keep the story in context with nearby live signals, countries, and category movement.
Related coverage
More story pages
President Trump met with oil industry executives to discuss the economic impact of the ongoing Iran war, Axios reported.
President Trump met with oil executives to discuss the impact of the Iran war, according to Axios.
Spanish clean-energy producer Solaria raises about €300 million in a share offering.
Spanish clean-energy producer Solaria Energía y Medio Ambiente has raised about €300 million in a share offering.
Fire at LPDS Perm in Russia's Malinovka district after attack on Transneft nodal oil station. The facility channels oil toward Perm refinery and export infrastructure.
Fire is reported at LPDS Perm in Russia's Malinovka district after an attack on a key Transneft nodal station used for oil pumping, storage, and distribution. The facility channels flows toward the Perm refinery, other industrial centers, and Russia's export infrastructure.
More live signals
Continue with the live feed.
The fastest nearby updates load from the public feed, not the enriched story endpoint.