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The Nexus
WORLDMay 2 · 15:46 UTCBLOOMBERG

UAE Departs OPEC as Iran Feel Economic Sting of Blockade

The United Arab Emirates (UAE) has left the Organization of Petroleum Exporting Countries (OPEC), while Iran is experiencing economic challenges due to a blockade. The UAE's departure from OPEC marks a significant shift in regional energy politics, with Iran's economic struggles intensifying amid trade restrictions.

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