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Why The UAE Left OPEC

CNBC International • 2026-05-29T22:00:24Z • 2:05:00 • intermediate • Business

Lead

Curious about why the UAE decided to leave OPEC? This move is not just about oil; it's a strategic shift towards a future beyond energy.

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Quiz

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Q1. What is the UAE's primary goal after leaving OPEC?

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Q2. Which sectors are mentioned as rapidly growing in the UAE's economy?

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Q3. What triggered a wider regional conflict involving the UAE?

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Q4. How has the relationship between the UAE and Saudi Arabia changed?

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Q5. What is the UAE's new alignment focused on after leaving OPEC?

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Vocabulary

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capitalized

/ˈkæpɪtəˌlaɪzd/

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Definition

to take advantage of; to gain a benefit from something.

Example

The company capitalized on its innovative technology to expand its market reach.

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accelerate

/əkˈsɛləˌreɪt/

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Definition

to increase the speed of something; to cause to happen sooner or faster.

Example

The new policies aim to accelerate economic growth in the region.

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irritant

/ˈɪrɪtənt/

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Definition

something that causes annoyance or discomfort.

Example

The constant noise from construction became an irritant for the residents.

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retaliating

/rɪˈtæliˌeɪtɪŋ/

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Definition

to respond to an attack or injury by inflicting harm in return.

Example

The country was criticized for retaliating against its neighbors after the attack.

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alignment

/əˈlaɪnmənt/

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Definition

an arrangement in a straight line or in correct relative positions; a position of agreement or alliance.

Example

The alignment of their policies suggests a strong partnership between the two nations.

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pressure points

/ˈprɛʃər pɔɪnts/

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Definition

critical areas or issues that can cause stress or conflict.

Example

The negotiations focused on various pressure points that could escalate tensions.

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