Why has the UAE left Opec - and why does this matter?

Watch: Why has the UAE left Opec - and why does this matter?

The United Arab Emirates (UAE) has announced it is quitting Opec, the Organisation of Petroleum Exporting Countries, after nearly 60 years of membership.

Opec is an organisation of mainly Gulf oil exporters, which oversees oil production and has a major influence on the global prices.

The UAE's abrupt departure is seen as a blow to the group - and their exit could also affect you and your pocket.

Sponsorizzato
Sponsorizzato
Passa a Pro
Scegli il piano più adatto a te
Sponsorizzato
Sponsorizzato
Pubblicità
Leggi tutto
Download the Telestraw App!
Download on the App Store Get it on Google Play
×