Why the U.A.E. is Quitting OPEC

Why the U.A.E. is Quitting OPEC

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The United Arab Emirates is walking away from OPEC this May. The New York Times’ energy reporter, Rebecca Elliott, breaks down how the war with Iran provided the perfect opening for the U.A.E. to go solo.

By Rebecca F. Elliott, Nour Idriss, Jon Miller, Stephanie Swart and Paul Abowd

April 29, 2026

Read this on New York Times Business
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