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UAE says its decision to leave OPEC was a strategic economic move, not a political one

The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.

UAE says its decision to leave OPEC was a strategic economic move, not a political one
INGEST · MAY 16, 2026
The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1. · STOCKS365 / KA
Koutaibah Al Aboud
KOUTAIBAH AL ABOUD
CONTENT STRATEGIST & MARKET EDITOR · STOCKS365
Content Strategist & Market Editor at Stocks365. Specializes in clear, actionable market commentary and conversion-focused financial content that makes institutional insights accessible.
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