The UAEβs OPEC exit frees up oil wealth as it bets big on AI Rest of World By: Indranil Ghosh 20 May 2026 at 11:00 The United Arab Emirates quit the worldβs most powerful oil cartel on May 1, freeing billions in oil revenue while placing its biggest bet yet on artificial intelligence. The Organization... Β© iStockOil pumps silhouette at sunset