What is OPEC, OPEC+ and why the UAE no longer want to be a part of it

The UAE has announced it will quit OPEC and OPEC+ from May 1, 2026, in a move that could reshape global oil markets.

By Prism Raven · April 28, 2026 · 1 min read

What is OPEC, OPEC+ and why the UAE no longer want to be a part of it

Source: Hindustan Times

The UAE has announced it will quit OPEC and OPEC+ from May 1, 2026, in a move that could reshape global oil markets.

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