The United Arab Emirates’ exit from the oil pricing cartel OPEC becomes official on Friday. The move, announced on Tuesday, is the culmination of years of tension, and it comes as the war in Iran enters its third month, leaving the future of oil in a deeply uncertain place.
The now 11-member OPEC bloc has historically exerted control on the global economy by either expanding or holding back oil production. Its members include Saudi Arabia, Iran, other Gulf states, Venezuela and several African countries. The UAE’s decision to leave after nearly 60 years of membership reflects frustration with production quotas and a calculated wager that the window for maximizing oil revenues.
module 1bSubTitle
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Module 2SubTitle
Iran war, UAE’s departure lessen OPEC’s grip on global oil trade
The United Arab Emirates’ exit from the oil pricing cartel OPEC becomes official on Friday.
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module 3a: authorSubTitle
Module 2SubTitle
Iran war, UAE’s departure lessen OPEC’s
The United Arab Emirates’ exit from the oil pricing cartel OPEC becomes official
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module 1bSubTitle
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President Donald Trump signed a bill funding the Department of Homeland Security,
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Iran war, UAE’s departure lessen OPEC’s grip on global oil trade
The United Arab Emirates’ exit from the oil pricing cartel OPEC becomes official on Friday. The move, announced on Tuesday, is the culmination of years of tension, and it comes as the war in Iran enters
May 1, 2026
Iran war, UAE’s departure lessen OPEC’s
May 1, 2026
Iran war, UAE’s departure lessen OPEC’s
May 1, 2026
Iran war, UAE’s departure lessen OPEC’s
May 1, 2026
Iran war, UAE’s departure lessen OPEC’s
module 1bSubTitle
Straight Arrow News
- May 1, 2026
Camp Mystic in Texas withdraws license amid
Texas’ Camp Mystic will not reopen this summer after floods at the site killed 28 people last
Cassandra Buchman
- April 30, 2026
New Orleans sheriff hit with 30 felony
A special grand jury indicted a New Orleans sheriff almost a year after 10 inmates escaped from
module 1bSubTitle
Straight Arrow News
- May 1, 2026
Camp Mystic in Texas withdraws license amid
Texas’ Camp Mystic will not reopen this summer after floods at the site killed 28 people last
Cassandra Buchman
- April 30, 2026
New Orleans sheriff hit with 30 felony
A special grand jury indicted a New Orleans sheriff almost a year after 10 inmates escaped from
module 1bSubTitle
Straight Arrow News
- May 1, 2026
Camp Mystic in Texas withdraws license amid
Texas’ Camp Mystic will not reopen this summer after floods at the site killed 28 people last July. Officials confirmed Thursday that
module 1bSubTitle
Straight Arrow News
- May 1, 2026
Camp Mystic in Texas withdraws license amid
Texas’ Camp Mystic will not reopen this summer after floods at the site killed 28 people last July. Officials confirmed Thursday that
module 1bSubTitle
Straight Arrow News
- May 1, 2026
Camp Mystic in Texas withdraws license amid
Texas’ Camp Mystic will not reopen this summer after floods at the site killed 28 people last July. Officials confirmed Thursday that
module 1bSubTitle
Straight Arrow News
- May 1, 2026
Camp Mystic in Texas withdraws license amid
Texas’ Camp Mystic will not reopen this summer after floods at the site killed 28 people last July. Officials confirmed Thursday that
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