https://www.taxtmi.com/news?id=72589 The United Arab Emirates' withdrawal from OPEC and OPEC+ gives it independent control over production and exports, potentially increasing global oil supply outside collective quota agreements. The article explains that any price effect will depend on whether the UAE can raise exports despite shipping disruption through the Strait of Hormuz, and that markets may react immediately to expectations, speculation and uncertainty even before output changes occur. en-us Thu, 30 Apr 2026 12:01:05 +0530 Thu, 30 Apr 2026 12:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72589 The United Arab Emirates' withdrawal from OPEC and OPEC+ gives it independent control over production and exports, potentially increasing global oil supply outside collective quota agreements. The article explains that any price effect will depend on whether the UAE can raise exports despite shipping disruption through the Strait of Hormuz, and that markets may react immediately to expectations, speculation and uncertainty even before output changes occur. News - Thu, 30 Apr 2026 12:01:05 +0530 https://www.taxtmi.com/news?id=72589