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Venezuela could follow the UAE out of OPEC - Arabian Business
Arabian Business · August 28, 2026 · Week 2026-35
Summary
The article speculates on Venezuela potentially exiting OPEC, using a hypothetical UAE departure as a precedent. This highlights potential fractures within the oil cartel, which could have significant implications for global oil market stability and the group's price-setting power.
Strategic Implication
Highlights potential fractures within OPEC's leadership, which could undermine the group's ability to manage global oil supply and prices effectively.