UAE leaves OPEC in blow to oil cartel amid war on Iran
The United Arab Emirates has officially announced its withdrawal from OPEC and OPEC+. This decision is seen as a significant blow to the oil cartel, particularly amid ongoing tensions related to the war on Iran. Analysts are predicting potential impacts on the global energy market as a result of this move.
- ▪The UAE has announced its withdrawal from OPEC and OPEC+.
- ▪This decision is viewed as a significant blow to the oil cartel.
- ▪The withdrawal comes amid ongoing tensions related to the war on Iran.
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Toggle PlayUAE leaves OPEC in blow to oil cartel amid war on IranNewsFeedUAE leaves OPEC in blow to oil cartel amid war on IranThe United Arab Emirates has announced it’s withdrawing from OPEC and OPEC+. Al Jazeera’s Michael Appel outlines the significance of the announcement and its likely impact on the energy market.Published On 28 Apr 202628 Apr 2026SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on Googleinfo
Excerpt limited to ~120 words for fair-use compliance. The full article is at Al Jazeera – Breaking News, World News and Video from Al Jazeera.
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