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United Arab Emirates

April 29, 2026

Abu Dhabi 2:19 pm

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Analysis

UAE’s OPEC exit rattles cartel as Gulf alliances shift

OPEC's fourth-largest producer will leave the cartel on May 1, marking the most significant departure in the group’s history as the war changes Abu Dhabi's relationship priorities.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

MUMEN KHATIB/AFP via Getty Images

Why UAE's decision to leave OPEC is major shift for cartel

The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil.

United Arab Emirates

Yuichi YAMAZAKI / AFP via Getty Images

First LNG tanker transits Strait of Hormuz since Iran war began

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Last Updated: April 28, 2026, 8:54 am

UAE to leave OPEC on May 1

Thomas Kronsteiner/Getty Images)

United Arab Emirates

UAE’s cash request tests US ties as Iran war strains Gulf financial muscle

A view of Dubai Marina in Dubai on March 3, 2026.

United Arab Emirates

IEA delivers grim gas supply forecast as oil notches 15% weekly rise

A liquefied natural gas (LNG) tanker is moored at a LNG berth in Kawasaki, Kanagawa, prefecture April 8, 2026.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

Interview

Qatar says divisions within GCC have become ‘lose-lose’ situation for the region

Qatari spokesperson says the split among the Gulf states compromises the security of the region and that thousands of families are already paying a price.

A general view of the Eastern Company SAE, which is engaged in manufacturing tobacco products, in Cairo, Egypt September 27, 2018. REUTERS/Amr Abdallah Dalsh - RC12D2E17460

Egypt’s Eastern Company listed 4.5% of shares on stock market

The Eastern Company’s public offering, which resulted in Saudi investors buying 25% of the listing worth $23 million, raises questions about illicit profits within the government.

Despite friction, Egypt retains economic ties with Turkey, Qatar

Some Egyptians have been calling for the government to seize Turkish and Qatari assets, but so far that hasn't seemed to sour foreigners on Egypt's investment offerings.

United Arab Emirates

Russia's foreign minister Sergei Lavrov is seen during a news conference with United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi, UAE, March 6, 2019. REUTERS/Satish Kumar - RC19A7AA4720

How did Lavrov do on his Gulf tour?

During his tour of the Gulf, Russia's Foreign Minister Sergey Lavrov treaded carefully around politics, opting to speak publicly about a safer topic, economics.

Kuwait’s steady hand in Gulf affairs

Amid disputes among the GCC states and beyond, Kuwait's efforts to bridge regional and international approaches to diplomacy remain vital.

Saudi Arabia's King Salman bin Abdulaziz meets with Russia's Foreign Minister Sergei Lavrov in Riyadh, Saudi Arabia March 5, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC13B1B19C40

Russian FM puts politics above economics on GCC tour

Foreign Minister Sergey Lavrov has kicked off his tour of the Gulf, reflecting Moscow's ambition to capitalize on its regional recognition as a great power.

Syrian Democratic Forces (SDF) celebrate the first anniversary of Raqqa province liberation from ISIS, in Raqqa, Syria Ocotber 27, 2018. REUTERS/Aboud Hamam - RC1BDC1D4780

UAE steps up anti-Turkey efforts in Syria

The United Arab Emirates engages Turkey in a war of words and deeds over Ankara's fight with Kurds in Syria.

United Arab Emirates

Netanyahu’s diplomacy: success or failure?

Prime Minister Benjamin Netanyahu presents himself as a diplomatic magician, though he is accumulating failures on Syria, Iran and ties with Gulf states.

Nikolai Patrushev (R), Secretary of the Security Council of Russia (R) listens during the first meeting of national security secretaries of Afghanistan, China, Iran, India and Russia, in the Iranian capital Tehran on September 26, 2018. (Photo by ATTA KENARE / AFP) (Photo credit should read ATTA KENARE/AFP/Getty Images)

Top Russian security officials tour Egypt, Gulf to discuss Syria, Libya

Over the space of a week, top officials in the Russian security apparatus toured Saudia Arabia, the United Arab Emirates and Egypt with some intriguing proposals on Syria and Libya.

The Gulf Cooperation Council's (GCC) Leaders are seen ahead of their Summit meeting in Riyadh, Saudi Arabia December 9, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC1819A5F470

GCC states boxed in by US sanctions on Syria

The United States creates dilemmas for GCC in Syria; Qatar steps up with $500 million Lebanon investment; Netanyahu seeks Arab photo-op in Poland.

Soccer Football - AFC Asian Cup - Semi-Final - Qatar v United Arab Emirates - Mohammed bin Zayed Stadium, Abu Dhabi, United Arab Emirates - January 29, 2019 Qatar's Hasan Al Haydos scores their third goal REUTERS/Suhaib Salem - RC142CB29E70

Qatar scores symbolic victory in soccer win over UAE

An unhealthy rivalry between Qatar and the UAE was on display during the AFC Asian Cup semi-finals, with Emirati fans booing the Qatari national anthem and pelting water bottles at the players.

United Arab Emirates

Onlookers look at a car burnt down by a blast in the war-torn southwestern city of Taiz, Yemen January 22, 2019. REUTERS/Anees Mahyoub - RC1FAD2F1FA0

Mattis departure risks US policy void as Yemen pact falls apart

Day-to-day responsibility for managing the Yemen conflict is being passed on to John Rood, the Pentagon’s No. 3 official.