SBS News – World
·world
·2 hours ago
UAE exits OPEC, marking major shift in global oil landscape
The United Arab Emirates announced its exit from OPEC and OPEC+ effective May 1, marking a significant shift in the oil-producing group. UAE Energy Minister Suhail Mohamed al-Mazrouei stated the decision followed a review of the country's energy strategies. The departure may weaken OPEC's control over oil supplies amid rising energy demands and ongoing regional tensions.
Summary by Glance · SBS News – World
Newer
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI