Why the UAE is leaving OPEC
Preview Brief
The decision comes as the UAE, among the alliance’s top three producers, chafes at quotas capping output at 3.2–3.4 million barrels per day despite capacity nearing five million; the timing is notable, with the country bearing the brunt of Iranian attacks, including over 2,800 drones and missiles
Feed Summary
The decision comes as the UAE, among the alliance’s top three producers, chafes at quotas capping output at 3.2–3.4 million barrels per day despite capacity nearing five million; the timing is notable, with the country b...