2 resultsfor “UAE quits OPEC reasons”
reason to form OPEC+,” said Mills. The strategy has proven effective during a number of crises, including the 2014 oil price crash and the COVID pandemic, when the group maintained a coordinated response. ## ‘A deep
UAE has [quit the Opec oil cartel](https://www.theguardian.com/business/2026/apr/28/uae-quit-opec-oil-exporters-cartel-donald-trump) after 60 years of membership, in a heavy blow to the group and its de facto leader, Saudi Arabia, as global energy markets contend with