Good evening. This snapshot of stories and roundup is recommended just for you, based on your interests and reading history. | | | | The oil terminal of Fujairah, United Arab Emirates, in September 2016. (Karim Sahib/AFP/Getty Images) | | | | | | | What to know The UAE announced it will exit OPEC and OPEC+ on May 1, citing its strategic vision and evolving energy profile. This move, amid tensions with Saudi Arabia and disruptions in the Strait of Hormuz, marks a shift in Gulf unity. The UAE, a major oil producer, aims to diversify its economy beyond oil, according to Bachar El-Halabi, a senior energy markets analyst. Summary is AI-generated, newsroom-reviewed. | | | | | How was today's newsletter? | | | | | | | | |