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UAE Exits OPEC After Nearly 60 Years, Citing Economic Reasons
The United Arab Emirates has decided to leave OPEC after nearly 60 years, marking a significant shift in the global oil order. Officially framed as an economic decision, the move reflects Abu Dhabi’s frustration with production limits and its push to monetize oil.
27 May, 04:00 — 27 May, 04:00
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