UAE to leave OPEC and OPEC+, effective May 1 (Middle East — energy)

Generaldesk view

UAE to leave OPEC and OPEC+, effective May 1 (Middle East — energy)

The United Arab Emirates announced that, after a strategic review of national production capacity and its long-term role in energy markets, it will withdraw fro…

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Financedesk view

UAE to exit OPEC and OPEC+ (effective May 1): producer alliance faces structural strain

Reuters, the Washington Post, the Guardian, Axios and others reported that the United Arab Emirates will leave OPEC and OPEC+ effective May 1, 2026, seeking gre…

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