UAE Withdraws from OPEC and OPEC+ Over 'National Interests'
Abu Dhabi says it will leave the OPEC and OPEC+ oil alliances, a move that reverberates through global energy markets as prices climb.
The United Arab Emirates announced Tuesday that it will withdraw from both OPEC and the OPEC+ alliance to prioritize its 'national interests.' The decision sent shockwaves through global energy markets as oil prices rise amid the ongoing Middle East war.