Watch: UAE leaves OPEC and OPEC+ in huge blow to global oil producers’ group
- Posted on April 28, 2026
- By The Hindu
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- 1 min read
The United Arab Emirates has announced its withdrawal from both OPEC and OPEC+ organizations, signaling a significant realignment in the global petroleum industry. This strategic departure reflects escalating geopolitical tensions in the Middle East, particularly concerning Iran relations and maritime security challenges in the Strait of Hormuz. The decision carries substantial implications for oil market dynamics, production quotas, and international energy stability, potentially reshaping negotiations among the world's largest crude exporters.
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