UAE to quit Opec in blow to oil exporters’ cartel

The UAE's departure from Opec signals a potential shift in the dynamics of global oil markets, particularly as it challenges the traditional power structures within the cartel. This move may embolden other member states to reconsider their positions, especially in light of rising global tensions and fluctuating oil prices. The implications of this exit could extend beyond Opec, affecting international relations and energy policies worldwide.