UAE says only economics, not politics, affected decision to leave OPEC

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The United Arab Emirates says it did not take politics into consideration when it decided to leave OPEC and OPEC+ at the start of May.

Suhail Mohamed Al Mazrouei, who serves the UAE as its energy minister, on Saturday insisted the country’s decision was “rooted in its long-term economic vision, evolving energy capabilities, and enduring commitment to global energy security.”

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