• Thu Jun 4 2026
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The Gulf’s Post-OPEC Order

BRAZZAVILLE/DOHA—The United Arab Emirates’ decision to leave OPEC and OPEC+ after nearly six decades of membership has dealt a major structural blow to the cartel. Losing its third-largest producer—capable of pumping nearly five million barrels a day, with ambitions to expand further—will make it increasingly difficult for the bloc to perform