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UAE quits OPEC as oil cartel takes blow during war on Iran
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UAE quits OPEC as oil cartel takes blow during war on Iran The 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. Save Share