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States News

The Hindu

States / The Hindu

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Why did the UAE quit OPEC and OPEC+?

What explains the years of simmering competition between Riyadh and Abu Dhabi? How will the UAEs decision impact oil prices? How has its decision to leave impacted OPEC and OPEC+? Will this move benefit India and if so, how?

3 May 2026 1:39 am