UAE’s Departure From OPEC Shakes Up The Alliance That Influences Oil Prices Worldwide

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe. The UAE said in the announcement Tuesday that when it leaves OPEC this Friday, it plans […]

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