Russia hopes UAE exit does not spell the end of OPEC+, pledges to stay put


Reuters | Moscow | Updated: 29-04-2026 15:13 IST | Created: 29-04-2026 15:13 IST
Russia hopes UAE exit does not spell the end of OPEC+, pledges to stay put
  • Country:
  • Russia

​The ​decision of ‌the United Arab ​Emirates to leave the ‌OPEC does not, hopefully, mean the end of the OPEC+ ‌format of the leading global ‌oil producers, Kremlin spokesman Dmitry Peskov said on Wednesday, adding ⁠that Russia ​will ⁠stay in the group.

The United ⁠Arab Emirates on Tuesday ​said it was quitting OPEC, dealing ⁠a blow to the oil ⁠producers' ​group as an unprecedented energy crisis caused ⁠by the Iran war exposes discord ⁠among ⁠Gulf nations.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback