The UAE Swaps OPEC for the Free World
The United Arab Emirates announced this week that it would leave OPEC and OPEC+, effective May 1. It’s the hardest blow the cartel has ever absorbed. The UAE has been part of the cartel since 1967 and is OPEC’s third-biggest producer, one of only two members with meaningful spare capacity, and its departure removes 13 percent of the organization’s production capacity. No top-tier producer has ever walked out before.
Read Full Article: https://www.breitbart.com/economy/2026/04/28/breitbart-business-digest-dollar-diplomacy-and-the-breaking-of-opec/
