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UAE's Exit from OPEC: 'A Storm in a Teacup!'.. 'The Speech is Over and the Book is Closed'

May 3, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
UAE's Exit from OPEC: 'A Storm in a Teacup!'.. 'The Speech is Over and the Book is Closed'

The statement by President Abdelmadjid Tebboune sparked widespread reactions on social media platforms within the Kingdom of Saudi Arabia, following his comments on the UAE's exit from the Organization of the Petroleum Exporting Countries 'OPEC' and the 'OPEC+' alliance, affirming that the Kingdom of Saudi Arabia remains the cornerstone of Arab countries within the organization. Tebboune's remarks came during his regular meeting with the press yesterday, Saturday, where he responded to a question regarding the Emirati decision by stating that this development is 'a non-event', adding that 'the main pillar of Arab countries in OPEC is the sisterly Kingdom of Saudi Arabia', before concluding his statement with: 'The speech is over and the book is closed', a phrase that quickly spread on...

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