The United Arab Emirates has announced its exit from OPEC and OPEC+ effective May 1, delivering a major blow to the oil cartel and Saudi Arabia. Citing national interests and geopolitical tensions in the Strait of Hormuz due to the Iran conflict, UAE aims to accelerate domestic energy production and establish itself as a dominant independent player in global energy markets. ஐக்கிய அரபு எமிரேட்ஸ் ம
