energy crisis

UAE Considers Leaving OPEC Amid Rising Middle East Tensions

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Suhail Mohamed Al Mazrouei, the UAE Minister of Energy and Infrastructure. The United Arab Emirates (UAE) announced on April 28, 2026, that it will officially withdraw from OPEC and the broader OPEC+ alliance.

UAE to Quit OPEC as Middle East Conflict Pressures Oil Markets The United Arab Emirates has announced it will leave OPEC and the broader OPEC+ alliance from May 1, 2026, marking a major break after nearly six decades in the cartel. The move comes on day 60 of the Iran led war in the Middle … Read more