United Arab Emirates Says It Will Leave Oil Exporting Group
Sebastian Ujică
It's a win for Trump, who once accused the organisation of "ripping off the rest of the world" by inflating oil prices. DUBAI, April 28 (Reuters) - The United Arab Emirates said on Tuesday it was quitting oil-producers’ group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The loss of the UAE, a longstanding OPEC member, could create disarray and weaken the group, which has usually sought to show a united front despite internal disagreements
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