Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
FILE: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, 3 March 2022

Video. UAE leaves OPEC, citing national interest in 'a new energy age'

Updated:

The UAE’s historic decision is a major blow to the alliance of oil producers, just as the global energy crisis is escalating over Iran’s blockade of the Strait of Hormuz, but the Gulf state insists its decision “enhances the UAE’s ability to respond to evolving market needs."

Read full article
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT