Yerevan:   +17 °C
Today:   Tuesday, 28 April, 2026

UAE leaves OPEC and OPEC+

142
Today, 18:08
UAE leaves OPEC and OPEC+

The United Arab Emirates (UAE) has said it is quitting the Opec and Opec+ groups of major oil producing nations after nearly 60 years.

The UAE said the decision reflected its "long-term strategic and economic vision and evolving energy profile".