UAE quits OPEC as oil cartel takes blow during war on Iran

UAE quits OPEC as oil cartel takes blow during war on IranThe UAE’s decision to quit OPEC to prioritise its ‘national interests’ deals a blow to the oil group already grappling with the challenge of shipping Gulf exports through the Strait of Hormuz. Here’s what we know about why it’s withdrawing and the impact it might have.SaveShare