UAE Exits OPEC: What It Means for Global Oil Markets

Von Wittelsbach DeRoth Henry Leon

News in a complicated context. The UAE has announced it will withdraw from OPEC and OPEC+

The UAE has announced it will withdraw from OPEC and OPEC+. The move comes as Gulf countries face unprecedented economic disruption from the US and Israel war with Iran.

Al Jazeera’s Dominic Kane reports. pic.twitter.com/nGovoiVorM
— Al Jazeera English (@AJEnglish) April 28, 2026

Source: https://x.com/AJEnglish/status/2049140026777141317?s=20

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