OPEC and OPEC+ Face the Challenge of Adapting to the UAE’s Withdrawal

OPEC and OPEC+ Face the Challenge of Adapting to the UAE’s Withdrawal

In a notable development reflecting profound shifts in the energy market, the UAE has decided to withdraw from OPEC and the OPEC+ cartel, in a move that signals a reshaping of the balance of power within the global oil sector and raises questions about the future of coordination among major producer...

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