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UAE to Withdraw from OPEC, OPEC+ Alliance Effective May 1
(MENAFN) The United Arab Emirates has announced its formal withdrawal from both the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective May 1, 2026, in a move that threatens to reshape the architecture of global oil governance.
The announcement was confirmed Tuesday by the state-run Emirates News Agency (WAM), which cited the UAE's long-term strategic and economic vision, its evolving energy profile, and accelerating domestic production investments as the driving forces behind the landmark decision.
WAM reported that the move follows a sweeping review of the UAE's production policy and an assessment of both its current output capacity and future trajectory, framing the exit as rooted in national interest and a commitment to playing a constructive role in meeting the world's urgent energy demands.
The departure marks a significant rupture within one of the world's most influential commodity alliances, and is likely to intensify scrutiny over OPEC+'s cohesion at a time when global energy markets are already navigating acute instability — including supply disruptions stemming from the ongoing conflict in the Persian Gulf and a prolonged closure of the Strait of Hormuz that has rattled commodity prices worldwide.
The UAE has in recent years emerged as one of the most ambitious oil producers within the bloc, repeatedly pushing to raise its output ceiling — a point of recurring friction with other OPEC+ members, most notably Saudi Arabia. Tuesday's announcement suggests Abu Dhabi has now opted to pursue its production ambitions unconstrained by collective quotas.
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