{
    "success": true,
    "data": {
        "id": 1707424,
        "msgid": "uae-to-exit-opec-and-opec-effective-1-may-2026-1777434747",
        "date": "2026-04-29 09:32:36",
        "title": "UAE to Exit OPEC and OPEC+ Effective 1 May 2026",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Energy",
        "summary": "The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective from 1 May 2026. This decision reflects the UAE's long-term strategic and economic vision, as well as its evolving energy profile, including accelerated investments in domestic energy production and a commitment to responsible participation in the global energy market. The move follows a comprehensive review of the UAE's production policies and capacities, prioritising national interests and effective contributions to urgent market needs.",
        "content": "<p>Dubai (ANTARA) - The United Arab Emirates (UAE) will withdraw from\nthe Organization of the Petroleum Exporting Countries (OPEC) and the\nbroader OPEC+ alliance, effective from 1 May 2026.<\/p>\n<p>This was reported by the UAE\u2019s official news agency, Emirates News\nAgency (WAM), on Tuesday (28\/4).<\/p>\n<p>WAM stated that the decision reflects the UAE\u2019s long-term strategic\nand economic vision, as well as its continuously evolving energy\nprofile.<\/p>\n<p>This includes accelerated investments in domestic energy production\nand strengthening its commitment to play a responsible, reliable, and\nvisionary role in the global energy market.<\/p>\n<p>The decision was taken following a comprehensive review of the UAE\u2019s\nproduction policies, as well as its current and future capacities, and\nis based on the UAE\u2019s national interests and its commitment to\ncontribute effectively to meeting the urgent needs of the market.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/uae-to-exit-opec-and-opec-effective-1-may-2026-1777434747",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}