United ‌Arab Emirates quits OPEC and OPEC+

The United Arab Emirates has announced it will withdraw from the Organization of the Petroleum Exporting Countries.
That includes the bloc's broader alliance OPEC+.
The move comes as Gulf countries face unprecedented economic disruption from the US and Israel war with Iran.

Al Jazeera’s Dominic Kane has more from Berlin.

Kingsmill Bond is an Energy Strategist at Ember Futures. He explains this decision in greater detail.

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