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UAE leaves OPEC: Move could reshape global oil markets amid Iran war, Strait of Hormuz closure

visibility comment0 event April 28, 2026 timer 15:40

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The United Arab Emirates announces it is quitting OPEC, raising questions about unity, oil markets and the future strength of the group.

READ: https://www.usatoday.com/story/money/2026/04/28/us-gas-prices-oil-opec-iran/89837441007/

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