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How the UAE's departure from OPEC could impact oil markets

EPISODE · Apr 28, 2026 · 6 MIN

How the UAE's departure from OPEC could impact oil markets

from PBS News Hour - Segments · host PBS News

There seems to be little movement on the resumption of talks between the U.S. and Iran. There is also almost no movement through the Strait of Hormuz, the vital bottleneck that's essentially cut off 20% of the world's oil and gas supply. Tuesday, the UAE announced it will leave OPEC, the cartel that has largely controlled oil supplies for decades. Amna Nawaz discussed more with Karen Young. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

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How the UAE's departure from OPEC could impact oil markets

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