The United Arab Emirates (UAE) officially announced on Tuesday that it will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, with the decision set to take effect on May 1, 2026. In a statement carried by the state news agency WAM, the UAE described the move as a […] The post UAE to withdraw from OPEC and OPEC+ effective May 1 appeared first on Container News .