United Arab Emirates leaves OPEC and OPEC+ May 1, undermining oil cartel influence
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“Democracy Dies in Darkness By Mohamad El Chamaa BEIRUT — The United Arab Emirates announced Tuesday that it would exit the Organization of the Petroleum Exporting Countries, or OPEC, along with the wider group of partners known as OPEC+, effective May 1, in what could be a blow to control over prices by the group, long led in practice by Saudi Arabia”
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