The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) this week, as the Iran war roils global energy markets.

The United Arab Emirates said it would leave the Organization of the Petroleum Exporting Countries after being a part of the group that coordinates oil output among the world’s top producers for over ...

This decision follows a comprehensive review of the UAE’s production policy and its current and future capacity and is based on our national interest and our commitment to contributing effectively to ...