US EditionUnited Arab Emirates says it will leave OPEC amid energy turmoil
- On Tuesday, the United Arab Emirates announced its withdrawal from the Organisation of the Petroleum Exporting Countries and OPEC+, effective May 1, 2026. The move aims to accelerate domestic energy investment as part of its long-term strategic vision.
- The decision follows decades of cooperation since the UAE joined OPEC in 1971. Diplomatic tensions have risen as Presidential advisor Anwar Gargash criticized Gulf Cooperation Council allies on Monday for their "weak" collective response to Iranian attacks.
- Energy prices jumped as U.S. West Texas Intermediate crude reached nearly $102 per barrel following the announcement. President Donald Trump welcomed the exit, having accused OPEC of "ripping off the rest of the world" by inflating oil prices.
- State-Run news agencies reported that the UAE will continue "bringing additional production to market in a gradual and measured manner." This policy shift addresses long-term economic visions amid ongoing instability in the Strait of Hormuz.
- Threats against vessels in the Strait of Hormuz persist, complicating regional supply dynamics and affecting OPEC Gulf producers. The UAE remains a critical ally for Washington in the Middle East despite these ongoing security challenges.
736 Articles
736 Articles
Iran war, UAE’s departure lessen OPEC’s grip on global oil trade
The United Arab Emirates’ exit from the oil pricing cartel OPEC becomes official on Friday. The move, announced on Tuesday, is the culmination of years of tension, and it comes as the war in Iran enters its third month, leaving the future of oil in a deeply uncertain place. The now 11-member OPEC bloc has historically exerted control on the global economy by either expanding or holding back oil production. Its members include Saudi Arabia, Iran,…
UAE Leaves OPEC, Continues to Champion US Interests – The American Spectator | USA News and Politics
The United Arab Emirates just announced that, effective May 1, it will leave OPEC, and the significance of this cannot be understated. President Trump approved, calling the move “great” and praising the UAE’s leader for such action. The UAE was the 3rd largest crude oil producer in OPEC, producing 3.82 million barrels per day in 2025. The UAE also operates the entire Habshan-Fujairah oil pipeline/Abu Dhabi Crude Oil Pipeline (ADCOP), which links…
The Emirati withdrawal is not a diplomatic accident – it is the logical result of a structural fracture that has been covering for more than a decade. The OPEC was founded in 1960 as an instrument of Arab solidarity against the western oil majors; the Emirates had joined it in 1967, two years before their official independence, in a momentum of identity building of the producing Arab world. So it was fifty-nine years of institutional loyalty tha…
The Wiring Beneath the AI Revolution
When the UAE announced on April 28th that it was leaving OPEC, effective May 1st, the immediate market reaction was muted. And that, paradoxically, is what makes the decision so significant. This was not a panic move. It was a long-prepared strategic exit, pulled forward by a war that made delay untenable.
The decision by the United Arab Emirates to leave OPEC finally gives Abu Dhabi the freedom to pump as much oil as it...
Is UAE departure the death blow for Opec?
Indonesia, Qatar, Ecuador and Angola have all departed the Organisation of the Petroleum Exporting Countries in recent years. But the loss of the UAE, one of its longest-serving and most influential members, is seen as a major blow to the cartel. The UAE said on Tuesday that quitting Opec and the broader Opec+ alliance next month reflects its “long-term economic vision” and desire to speed up investment in energy production. But Emirati official…
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