According to the Emirates state news agency, the UAE's decision to exit OPEC and OPEC+ "reflects the UAE’s long-term strategic and economic vision and evolving energy profile"

The United Arab Emirates announced on Tuesday its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, in a decision taking…

Die Vereinigten Arabischen Emirate treten mit Wirkung zum 1. Mai aus der Organisation erdölexportierender Länder (Opec) aus. Hintergrund sei eine gründliche Abwägung auch mit…

This is a developing story.