UAE quits OPEC in major blow to global oil producers group
The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
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UAE quits OPEC in major blow to global oil producers groupReutersPublished 1 hour agoThe United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.ReutersPlease enable JavaScript to view this content.ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountMost PopularUAE quits OPEC in major blow to global oil producers groupVideo1:27Jimmy Kimmel says joke about Melania was not a 'call to assassination'Video1:53Elon Musk vs Sam Altman: Legal showdown begins in CaliforniaVideo2:43Taylor Swift files to trademark voice, likeness to fight deepfakesVideo0:45King Charles starts U.S. state visit amid differences over Iran warVideo1:38Washington shooting suspect charged with attempting to assassinate TrumpVideo2:41Farmers in Vermont expected a sheep to have twins. She ended up having rare sextupletsVideo1:32DC gala shooting suspect aired grievances against Trump in writings to familyVideo1:30LatestUAE quits OPEC in major blow to global oil producers groupVideo1:27King Charles starts U.S. state visit amid differences over Iran warVideo1:38Taylor Swift files to trademark voice, likeness to fight deepfakesVideo0:45Elon Musk vs Sam Altman: Legal showdown begins in CaliforniaVideo2:43Jimmy Kimmel says joke about Melania was not a 'call to assassination'Video1:53Washington shooting suspect charged with attempting to assassinate TrumpVideo2:41King Charles, Queen Camilla arrive in the U.S. for state visitVideo0:55Prime Minister Carney announces Canada's first sovereign wealth fundVideo1:36Jewish group reports another rise in antisemitic incidents in 2025Video1:08King Charles jets to U.S. post-shooting and amid Iran tensionsVideo1:40CanadaPrime Minister Carney announces Canada's first sovereign wealth fundVideo1:36Jewish group reports another rise in antisemitic incidents in 2025Video1:08Toronto HIV patient potentially cured after bone marrow transplant, clinicians sayVideo2:32Montreal Canadiens fans pack into Quebec church for sold-out watch partiesVideo1:31Habs players take over ‘Next station’ announcements in Montreal metroVideo2:00Meet the Toronto subway buskers bringing rhythm to rush hourVideo1:43A year after Lapu Lapu attack, grief, anger and hope entwineVideo2:16Citizenship change has more Americans 'waking up' CanadianVideo1:48Drake's ice structure being melted by firefightersVideo1:06Carney says U.S. will not dictate terms of trade talksVideo0:59WorldUAE quits OPEC in major blow to global oil producers groupVideo1:27King Charles starts U.S. state visit amid differences over Iran warVideo1:38Taylor Swift files to trademark voice, likeness to fight deepfakesVideo0:45Elon Musk vs Sam Altman: Legal showdown begins in CaliforniaVideo2:43Jimmy Kimmel says joke about Melania was not a 'call to assassination'Video1:53Washington shooting suspect charged with attempting to assassinate TrumpVideo2:41King Charles, Queen Camilla arrive in the U.S. for state visitVideo0:55King Charles jets to U.S. post-shooting and amid Iran tensionsVideo1:40Farmers in Vermont expected a sheep to have twins. She ended up having rare sextupletsVideo1:32DC gala shooting suspect aired grievances against Trump in writings to familyVideo1:30Life & ArtsAirlines face fare dilemma as fuel spike threatens travel demandVideo2:24‘Honest Mom’ Libby Ward is here with some…
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