Finance

UAE to Leave OPEC and OPEC+ Next Month to Pursue New Strategy

The United Arab Emirates has decided to leave the OPEC oil producer group after six decades as it plans a strategic realignment in the wake of the Iran war, according to the state-run WAM news agency.

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Bloomberg
April 28, 2026·1 min read
UAE to Leave OPEC and OPEC+ Next Month to Pursue New Strategy

Image: Bloomberg

The United Arab Emirates has decided to leave the OPEC oil producer group after six decades as it plans a strategic realignment in the wake of the Iran war, according to the state-run WAM news agency.

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UAE to Leave OPEC and OPEC+ Next Month to Pursue New Strategy

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