UAE to Exit OPEC After Three-Year Review, Says Presidential Advisor

GateNews
According to state media, Anwar Gargash, the UAE's presidential advisor, announced on May 22 that the country's decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) was made after deliberation spanning roughly three years. Gargash attributed the move to the UAE's belief that the global energy transition is underway, motivating the nation to maximize oil revenues while conditions permit.
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