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UAE TO LEAVE OPEC AS EARLY AS MAY 1
One of the key players in the oil market may leave the cartel.
Insiders point to a rift within OPEC amid the U.S.–Israel–Iran conflict.
The UAE is reportedly dissatisfied with production limits and weak support from allies.
The decision could pave the way for them to increase production and compete for market share.
Analysts are already warning of the risk of losing control over oil prices.
The market is tense and awaiting confirmation.
This could happen right now, or it might not—let’s break it down.