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Euronews
Euronews
Mohamed Elashi

The UAE’s OPEC exit signals strategic shift as Gulf unity faces new test over oil policy

The decision of the United Arab Emirates to leave OPEC follows years of tension over production limits and is set to have implications for wider Gulf coordination and oil market alliances.

Set to take effect on 1 May, it comes after years of frustration in Abu Dhabi over output quotas that capped production despite heavy investment in expanding its capacity.

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