Finance
UAE Exit Blindsides OPEC and Threatens to Shake Its Grip on Oil
The shock decision by the United Arab Emirates to quit OPEC blindsided its partners of six decades. Now the cartel will have to fight to stay relevant in a fast-shifting global oil market.
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Bloomberg
April 28, 2026·1 min read
Image: Bloomberg
The shock decision by the United Arab Emirates to quit OPEC blindsided its partners of six decades. Now the cartel will have to fight to stay relevant in a fast-shifting global oil market.
Original article
UAE Exit Blindsides OPEC and Threatens to Shake Its Grip on Oil
Published by Bloomberg