Abu Dhabi. The United Arab Emirates (UAE) has decided to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the group of major producers outside OPEC, OPEC+. This move, coming amid rising tensions in the global energy market due to the war related to Iran, is assessed to be a major blow to the oil cartel.In a statement released through state media, the UAE stated that this decision was made to focus on national interests. The decision is said to be effective from Friday. The UAE mentioned in the statement that it has made significant contributions and sacrifices...