US EditionUnited Arab Emirates says it will leave OPEC amid energy turmoil
The move follows a policy review and could let the UAE raise output toward 5 million barrels a day, analysts said.
- 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.
731 Articles
731 Articles
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...
What's next for OPEC after the UAE's withdrawal?
LONDON — The exit of the UAE from OPEC and OPEC+ starting in May has cast doubts over the Saudi-led cartel's future after losing its fourth largest producer and further strains ties between the two Gulf rivals.While the United Arab Emirates is not the first country to leave OPEC, it is by far the biggest oil producer to do so — dealing a massive blow to the group's hegemony and its ability to regulate oil prices and absorb shocks.What was the UA…
UAE’s Departure From OPEC Shakes Up The Alliance That Influences Oil Prices Worldwide
The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe. The UAE said in the announcement Tuesday that when it leaves OPEC this Friday, it plans […]
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