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The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
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The city plans to widen the median on an 11-block stretch of the boulevard, removing two traffic lanes, to provide space where people can stroll or linger.
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Oil prices rose as investors parsed fresh signals from U.S.-Iran negotiations, with uncertainty over a potential de-escalation keeping markets on edge.
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ABC News' Ike Ejiochi spoke with royal commentator Sharon Carpenter on the significance of King Charles' state visit, his speech to Congress and possible motives for his political agenda.
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