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UAE Announces Departure from OPEC and OPEC+ After Nearly 60 Years

The UAE has decided to leave OPEC and OPEC+ after nearly 60 years, citing its evolving energy strategy and economic vision.

·1 min read
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UAE Exits OPEC and OPEC+

The United Arab Emirates (UAE) has announced its decision to leave the OPEC and OPEC+ groups of major oil producing countries after almost six decades of membership.

The UAE stated that this move aligns with its

"long-term strategic and economic vision and evolving energy profile"
.

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This article was sourced from bbc

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