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OPEC Unexpectedly Loses a Member in Shock to Global Oil Market

The United Arab Emirates announced Tuesday that as of Friday it is quitting OPEC, adding uncertainty to the global oil markets. The UAE, one of 12 OPEC members, was hammered by Iran during the war that is currently on pause. As noted by CNBC, the UAE has also been impacted...

The United Arab Emirates announced Tuesday that as of Friday it is quitting OPEC, adding uncertainty to the global oil markets. The UAE, one of 12 OPEC members, was hammered by Iran during the war that is currently on pause. As noted by CNBC, the UAE has also been impacted…

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