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…

“This is a policy decision, it has been done after a careful look at current and future policies related to level of production,” energy minister says.

Gulf state to leave petroleum cartel from 1 May following regional energy shocks

This is a developing story.