UAE Withdraws From OPEC and OPEC+ Effective May 2026 Sending Oil Markets Into Unprecedented Turmoil
After nearly six decades inside the world’s most influential oil cartel, the UAE has decided to walk away. The formal withdrawal from both OPEC and OPEC+ takes effect on 1 May 2026, marking the most consequential shift in Gulf energy policy in a generation. The decision means the UAE will no longer be bound by … Read more