Article
A 59-Year Membership Ended In One Phone Call
The United Arab Emirates' departure from OPEC in April 2026 represents the most significant defection in the oil cartel's 66-year history. What drove this founding-era member to abandon nearly six decades of coordinated production policy, and how will this decision reshape global energy markets as the UAE pursues an independent production strategy unconstrained by quota limitations?
Foley & Lardner