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UAE Departure Signals Major Crisis for OPEC Oil Cartel

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The United Arab Emirates has left OPEC, delivering a significant blow to the oil cartel that represents an unprecedented crisis in the organization's history. The UAE's departure follows prolonged disputes with Saudi Arabia that had constrained the Emirates' growth ambitions within the group. The exit raises serious questions about OPEC's future viability and cohesion, as internal conflicts between member nations increasingly undermine the cartel's ability to coordinate global oil production and pricing policies.

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