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After more than five decades, the UAE shocks the oil world by exiting both OPEC and OPEC+—effective May 1
This isn’t just a departure. It’s a rupture.
Behind the move: deep frustration. UAE officials openly slammed Gulf allies for their silence during Iran-linked attacks, calling the regional response “indifferent.” The message is clear—old alliances are cracking
The impact? Massive. A core Gulf player walking away weakens OPEC’s grip overnight. And with the UAE now free from production quotas, more oil could hit the market
For Trump, it’s a quiet win. No pressure needed—OPEC loses power, and global oil prices could start sliding
One exit. Two shocks: geopolitics shaken, oil markets on edge
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