UAE quits oil cartel Opec after six decades
Global News Podcast
BBC
4.3 • 8.2K Ratings
🗓️ 28 April 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
The United Arab Emirates says quitting the Opec and Opec+ groups of major oil producing nations will provide more flexibility. The move is being seen as a blow to the groups' de facto leader Saudi Arabia. Also, Russia has accused Ukraine of destabilising global energy markets after renewed drone strikes caused a huge fire at an oil refinery in the Black Sea port of Tuapse. At least 15 people have been killed and dozens more injured after a long distance train smashed into a stationary commuter train outside the Indonesian capital Jakarta. An Austrian man has pleaded guilty to planning an attack on a Taylor Swift concert in Vienna in 2024. King Charles is due to address Congress as part of a state visit to the United States. He'll underline the history of co-operation between Britain and the US amid differences over the war in Iran. A study in the effects of isolation on astronauts, SOLIS100, has begun in Germany. One of India's wealthiest men, Anant Ambani, is offering to save the lives of eighty hippos in Colombia once owned by the late drugs baron Pablo Esbocar.
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Transcript
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| 0:00.0 | BBC Sounds, Music, Radio, podcasts. |
| 0:05.6 | This is the Global News podcast from the BBC World Service. |
| 0:11.3 | Hello, I'm Ankara and in the afternoon of Tuesday, the 28th of April, these are our main stories. |
| 0:17.1 | The United Arab Emirates says it's quitting OPEC and OPEC plus dealing a heavy blow to the Saudi-led oil cartels. |
| 0:24.3 | Ukrainian drone strikes have caused a huge fire at a Russian oil refinery in the Black Seaport, Tuftwapse. |
| 0:30.5 | And details of a crash in Indonesia where at least 15 people were killed when a long-distance train smashed into a stationary commuter train east of the capital, Jakarta. |
| 0:42.4 | Also in this podcast, an Austrian man has pleaded guilty to planning a terror attack on a tailor-swift concert in Vienna nearly two years ago. |
| 0:51.2 | A member of India's wealthiest family, the Mbarnies, is offering to save the lives |
| 0:55.2 | of 80 hippos, threatened with being culled. The animals are currently in Colombia, having been |
| 1:00.7 | introduced to the country by the late Drugs Baron Pablo Escobar. And the family of Kenya's new |
| 1:05.8 | marathon world record holder prepared to welcome him home. When I saw Sebastian pull ahead, |
| 1:12.1 | I was so excited. |
| 1:15.9 | I started celebrating and did not even watch the end of the race. |
| 1:27.2 | The United Arab Emirates says it's leaving the group of oil-producing countries OPEC and OPEC plus after six decades. |
| 1:29.6 | In a statement, the UAE described the decision as being part of its long-term strategic |
| 1:33.9 | and economic vision. The decision is being seen as a heavy blow to the groups and their |
| 1:38.9 | de facto leader, Saudi Arabia, as the war on Iran continues to cause major disruptions to energy supplies. |
| 1:45.9 | Our business reporter Jonathan Joseph explains what it means for global oil supplies. |
| 1:50.8 | It's going to lessen the grip of OPEC on the global oil market. |
| 1:55.4 | OPEC is a group of 12, soon to be 11 oil-producing countries that control around a third, perhaps a little bit more |
| 2:03.2 | of the global oil market. They decide how much oil they're going to put onto the market and |
| 2:09.6 | therefore that has a major influence in terms of supplies. But of course, America and Russia are |
... |
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