OPEC Minus One: How the UAE Slammed the Door – and What It Means for Oil and the Dollar
The UAE is leaving OPEC and OPEC+ effective May 1 — the first time it has quit the bloc in 59 years of membership. This is not a routine quota dispute. It is a political divorce that could reshape the architecture of the global oil market.
Why They Left: War, Grievances, and Money
The official version, relayed by state news agency WAM, sounds sterile: a “review of production policy,” “national interests,” “market needs.” The real story is far more candid.
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