X @BSCN
BSCN·2026-04-28 12:42
UAE ANNOUNCES HISTORIC EXIT FROM OPEC AND OPEC+The United Arab Emirates is officially exiting OPEC and the OPEC+ alliance effective May 1.This decision, confirmed via the state news agency, grants the UAE total autonomy over its oil production and pricing strategies for the first time in decades.The move follows escalating regional tensions and signals a major shift in the geopolitical balance of the Middle East.Global energy markets are bracing for immediate supply volatility as the decades-old cartel lose ...