The United Arab Emirates announced Tuesday that it will leave the oil cartel OPEC and its wider OPEC+ group effective May 1, a move rumored for some time as the Emirates chafed under production restrictions and had increasingly frosty relations with neighboring Saudi Arabia.
READ: https://mb.com.ph/2026/04/28/united-arab-emirates-says-it-will-leave-opec-effective-may-1
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