UAE exits OPEC Gas prices spike to highest in 4 years

from Today Explained · host Today Explained

The United Arab Emirates (UAE) officially announced on Tuesday, April 28, 2026, that it will withdraw from OPEC and OPEC+ effective May 1, 2026. This "bombshell" decision ends nearly 60 years of membership and marks a significant shift in global energy politics.Simultaneously, U.S. gasoline prices have spiked to a four-year high, with the national average reaching $4.17–$4.18 per gallon as of April 29.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-explained--6659607/support.Don’t miss our latest episodes! follow us to stay updates with fresh news everyday. Let’s keep the support our podcast to serve update news entire the world!

Episode metadata supplied by the publisher feed · Published Apr 28, 2026

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UAE exits OPEC Gas prices spike to highest in 4 years

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