The OPEC oil cartel will lose one member in May, when the United Arab Emirates says it will leave the group. (AP Digital Embed)

FILE - An oil technician climbs down a tower at a refinery in Jebel Ali, United Arab Emirates, about 30 kilometers (18 miles) south of Dubai, in March 2004. (AP Photo/Kamran Jebreili, File)

FILE - The logo of the Organization of the Petroleum Exporting Countries (OPEC) is displayed outside of OPEC's headquarters in Vienna, Austria, March 3, 2022. (AP Photo/Lisa Leutner, File)

Pro-government demonstrators attend a gathering in Tehran, Iran, Monday, April 27, 2026. (AP Photo/Vahid Salemi)

A boy reacts as mourners gather around the coffins of Palestinian fighters Hozeifa Hamza Ghannamieh and Ibrahim Anwar al-Khalayli, who were killed while fighting alongside Hezbollah against Israel in southern Lebanon, during their funeral in Beirut, Lebanon, Tuesday, April 28, 2026. (AP Photo/Hassan Ammar)

FILE - In this photo released by Tasnim News Agency, a Revolutionary Guard Navy (IRGC) speedboat approaches the cargo ship Epaminondas during what state media described as the seizure of one of two vessels accused of violations in the Strait of Hormuz, April 21, 2026. (Meysam Mirzadeh/Tasnim News Agency via AP, File)

Teresa Younger, left, and Tracy Sturdivant pose for photos together on the red carpet before the Ms. Foundation's Women of Vision Awards Gala, Tuesday, April 28, 2026, in New York. (AP Photo/Heather Khalifa)

Tracy Sturdivant, center, poses for photos on the red carpet before the Ms. Foundation's Women of Vision Awards Gala, Tuesday, April 28, 2026, in New York. (AP Photo/Heather Khalifa)