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UAE exit OPEC

Russia says OPEC+ steady after UAE exit

April 30, 2026 by Attia Naveed

Russia said the OPEC+ group will continue operating despite the UAE’s exit, easing fears of disruption. Deputy Prime Minister Alexander Novak ruled out an oil price war, citing a global supply deficit. The development matters for energy markets, as producers and consumers face ongoing volatility. Speaking to Russian media, Novak stressed that cooperation among major […]

Filed Under: World Tagged With: energy crisis, global oil prices, Latest, oil market supply demand, OPEC+ news, Russia oil policy, UAE exit OPEC

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