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The United Arab Amirates decision to leave the Organization of the Petroleum Exporting Countries at the end of the week came as a surprise to some, especially during a time of severe global disruptions to oil production and passage through in the Middle East.
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UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia The Washington PostUnited Arab Emirates Says It Will Leave OPEC in Blow to Oil Cartel The New York TimesWhat are OPEC and OPEC , and why has the UAE quit? Al JazeeraU.A.E.'s OPEC Exit Deals Major Blow to Cartel Amid Middle East Oil Squeeze WSJOPEC shocker as UAE leaves oil cartel days
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