UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia
- Posted on April 28, 2026
- By Washington Post
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- 1 min read
The United Arab Emirates' decision to withdraw from OPEC represents a significant geopolitical shift in global energy markets. This move undermines the cartel's collective influence during a period of heightened tensions in the Middle East, particularly following escalating Iran-related conflicts affecting oil supply chains. The departure signals growing divergence among OPEC members regarding production strategies and market positioning, while potentially strengthening the Trump administration's long-standing criticism of the organization's market control mechanisms.
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