UAE Announces It Will Leave OPEC As Of Next Month Amid Cool Relations With Other Members
- Posted on April 28, 2026
- By International Business Times
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- 1 min read
In brief
The United Arab Emirates has officially announced its withdrawal from both OPEC and OPEC+ organizations, effective next month. This significant geopolitical move reflects mounting tensions between the UAE and Saudi Arabia, alongside broader disagreements over production policies and cartel coordination. The departure marks a pivotal moment in Middle Eastern energy politics, potentially reshaping global oil market dynamics and signaling shifting alliances within the region's petroleum industry.
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UAE Announces It Will Leave OPEC As Of Next Month Amid Cool Relations With Other Members
The United Arab Emirates announced it will leave the OPEC cartel and the wider OPEC+ group as of next month amid cooler relations with other members, particularly Saudi Arabia.
