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United Arab Emirates to leave OPEC May 1 — Reuters

The United Arab Emirates (UAE) will exit the Organization of the Petroleum Exporting Countries (OPEC) on May 1, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the Iran war exposes discord among Gulf nations, Reuters reported on Tuesday.

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The United Arab Emirates (UAE) will exit the Organization of the Petroleum Exporting Countries (OPEC) on May 1, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the Iran war exposes discord among Gulf nations, Reuters reported on Tuesday.