World

UAE Announces Immediate Departure From OPEC After Five Decades of Membership

The Gulf nation's exit amid Iran war tensions threatens to weaken OPEC's influence over global oil markets as crude prices surge past $100 per barrel.

UAE Announces Immediate Departure From OPEC After Five Decades of Membership
Read the full reporting at NYT World.

Originally reported by NYT World.

UAE OPEC oil prices Gulf tensions Iran war energy markets