UAE quits OPEC, major blow to Saudi Arabia as Iran war disrupts global energy markets.
The United Arab Emirates has withdrawn from the Organization of the Petroleum Exporting Countries (OPEC), delivering a significant blow to leading member Saudi Arabia amid the ongoing Iran war's disruption of global energy markets.
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The United Arab Emirates has withdrawn from the Organization of the Petroleum Exporting Countries (OPEC), delivering a significant blow to leading member Saudi Arabia amid the ongoing Iran war's disruption of global energy markets.
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UAE's decision to exit OPEC is a sovereign and strategic choice, foreign ministry spokesperson says. The move could reshape global oil markets and comes amid reported tensions within the cartel.
The UAE's foreign ministry spokesperson stated that the country's decision to leave OPEC is a sovereign and strategic choice.
The United Arab Emirates exits the Saudi-led oil cartel, signaling a major shift in global energy policy and market alignment.
The United Arab Emirates has announced its withdrawal from the Saudi-led oil cartel, marking a significant shift in global energy market dynamics.
The United Arab Emirates announces it will withdraw from OPEC and the OPEC+ alliance, effective May 1, 2026. The decision marks a significant shift in global energy policy and the future of the oil-producing bloc.
The United Arab Emirates has announced its formal withdrawal from OPEC and the OPEC+ alliance, effective May 1, 2026, according to the Emirates News Agency.
US Energy Secretary Wright signs multibillion-dollar deals in Dubrovnik, Croatia to expand American energy exports. US LNG exports projected to double under President Trump.
U.S. Energy Secretary Wright is in Dubrovnik, Croatia, to sign multi-billion dollar deals expanding American energy exports. Under President Trump, U.S. LNG exports are projected to double.
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