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UAE quits OPEC and OPEC+ sparking shockwaves across global oil and Saudi influence
International
Published on 28 April 2026
Exit came after criticism over allies response to Iran
The United Arab Emirates has exited both OPEC and OPEC+, dealing a direct blow to the oil cartel and challenging Saudi influence. The UAE move follows mounting criticism of regional allies’ response to Iranian attacks. Analysts warn it could sow disarray inside the group while adding volatility to global energy markets and heightening geopolitical tensions.
- UAE has left OPEC and OPEC+ in a major break
- The decision follows criticism of regional allies after Iran attacks
- Analysts expect potential disarray within the oil producers bloc
- Global oil markets could face added volatility and uncertainty
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times