OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market power

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UAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called the most consequential rupture in OPEC's history. And for major oil importers, this UAE exit from OPEC carries profound economic implications.