With OPEC exit, is UAE breaking with Gulf oil consensus?
Abu Dhabi’s decision to leave OPEC and OPEC+ marks the biggest shift in Gulf energy politics in years — and could reshape regional coordination after the Iran war.
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The United Arab Emirates announced Tuesday that it will leave OPEC and OPEC+, ending nearly six decades inside the producers’ group and delivering a major blow to the oil alliance led by Saudi Arabia. The timing is striking. The move comes amid the deepest regional energy crisis in years, with the Iran war continuing to disrupt shipping through the Strait of Hormuz and exposing new fractures inside the Gulf.
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