UAE to Leave OPEC in May as Iran War Reshapes Oil Market

The United Arab Emirates will leave OPEC, dealing a blow to the group and its leader Saudi Arabia as the global oil industry grapples with the massive supply disruption caused...

By Bloomberg Markets · Bloomberg Markets

The United Arab Emirates will leave OPEC, dealing a blow to the group and its leader Saudi Arabia as the global oil industry grapples with the massive supply disruption caused by the Iran war. Joumanna Bercetche explains. (Source: Bloomberg)