UAE exits OPEC to focus on national interests as oil prices rise
TL;DR Summary
The United Arab Emirates says it will withdraw from OPEC and OPEC+ on May 1, 2026, citing national interests as energy prices climb amid the Iran conflict, signaling a potential realignment in Gulf oil policy and regional energy dynamics.
- UAE to quit global oil cartel OPEC, citing 'national interests' France 24
- UAE Says It Will Leave OPEC as Iran War Strains Oil Markets The New York Times
- UAE quits Opec in win for Trump as oil cartel weakened The Guardian
- UAE to Leave OPEC in May as Iran War Reshapes Oil Market Bloomberg.com
- UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia The Washington Post
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