UAE quits OPEC in major blow to global oil producers' group | TheStarTV.com

UAE quits OPEC in major blow to global oil producers' group

Published on 29 Apr 2026 1:14:28 PM

The United Arab Emirates said on Tuesday (April 28) it was quitting OPEC and OPEC+, dealing a heavy 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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Keywords
news, thestartv, the star, opec, petroleum, uae, gulf, iran, hormuz

The United Arab Emirates said on Tuesday (April 28) it was quitting OPEC and OPEC+, dealing a heavy 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.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, opec, petroleum, uae, gulf, iran, hormuz

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