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Why the UAE isn't down with OPEC

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The United Arab Emirates plans to exit the intergovernmental organization, a move expected to boost the country’s oil output.

Iran Supreme Leader Killed in US-Israel Attack as War Widens

The Dubai skyline, including the Burj Khalifa skyscraper, center, in the United Arab Emirates. Christopher Pike / Bloomberg via Getty Images file

April 28, 2026, 6:00 PM EDT

By Yasmin Vossoughian and Emily Ngo

The nationwide average price per gallon of gasoline hit $4.18 today, according to AAA, the highest level so far this year. This, as the talks over ending the U.S.-Israeli war against Iran continue to be stalled, with oil tanker traffic at an effective standstill in the Strait of Hormuz.

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