OPEC: Implications of the United Arab Emirates’ Withdrawal for Gabon

The withdrawal of the United Arab Emirates (UAE) from the Organization of the Petroleum Exporting Countries (OPEC), formalized in April 2026, marks a strategic turning point for the global oil market. Abu Dhabi, which joined the organization in 1967, will officially leave on May 1, 2026, along with OPEC+, which includes Russia. Upon analysis, this……