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United Arab Emirates

April 28, 2026

Abu Dhabi 9:11 pm

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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

Thomas Kronsteiner/Getty Images)

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

UAE to leave OPEC on May 1

The United Arab Emirates says it will focus more on domestic production amid the US-Israel-Iran war.

United Arab Emirates

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

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

Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now.

United Arab Emirates

Latest News

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.

Analysis

Gulf energy deals face Iran war stress test as global expansion meets oil shock

A picture shows the Ras Laffan Industrial City, Qatar's principal site for production of liquefied natural gas and gas-to-liquid, administrated by Qatar Petroleum, some 80 kilometers (50 miles) north of the capital Doha, on Feb. 6, 2017.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Could UAE tap US currency swap line as Iran war strains Gulf economies?

Haruna Furuhashi /Getty Images

United Arab Emirates

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

A general view of the White House in Washington September 30, 2013. The White House on Monday sought to quash any possibility that President Barack Obama would raise the U.S. debt ceiling by himself should Congress fail to do so before a mid-October deadline, as some have suggested he should. REUTERS/Yuri Gripas (UNITED STATES - Tags: POLITICS BUSINESS) - GM1E9A10N6L01

White House persuades Congress to ease up on Saudi Arabia

The White House convinced Congress to water down a key defense bill by removing language penalizing Saudi Arabia for the Yemen war and the murder of Jamal Khashoggi.

Foreign ministers of the Gulf Cooperation Council (GCC) arrive, ahead of an annual leaders summit in Riyadh, Saudi Arabia, December 9, 2019. Saudi Press Agency/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC2RRD9HRDDG

Underlying tensions still restrict full GCC reconciliation

While Qatar has been reinvited to the GCC party, the UAE appears to be spoiling for the role of party pooper.

China looks to boost its influence in Yemen

China is capitalizing on its ties with the various actors in Yemen's civil war to play a bigger role in investing in a post-conflict Yemen.

Turkish flag flutters at Turkey's border gate, as pictured on Syria side, overlooking the ruins of buildings destroyed during fightings with the Islamic State militants in Kobani, Syria October 11, 2017. Picture taken October 11, 2017. REUTERS/Erik De Castro - RC1E48BC4870

US pushes to reintegrate militants after Islamic State fight

A senior State Department official told Al-Monitor the administration is working to help Middle Eastern and African countries reintegrate thousands of fighters who joined the Islamic State and its affiliates.

U.S. President Donald Trump and U.S. Secretary of State Mike Pompeo talk during a meeting with Canada's Prime Minister Justin Trudeau (not pictured), ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. REUTERS/Kevin Lamarque - RC2SND9G88LE

Trump condemns Iran protest crackdown, stays mum on Oman, French mediation efforts

President Donald Trump, responding to a reporter’s question in London, said the United States does not support the protesters in Iran before he later clarified his answer and castigated the Iranian government.

DOHA, QATAR - NOVEMBER 25: Turkeys Foreign Minister Mevlut Cavusoglu and Qatari counterpart Mohammed bin Abdulrahman Al-Thani take part in an agreement signing ceremony, held after inter-delegation working meal with Turkish President Recep Tayyip Erdogan and Emir of Qatar Tamim bin Hamad Al Thani in Doha, Qatar on November 25, 2019.

(Photo by Mustafa Kamaci/Anadolu Agency via Getty Images)

Turkey sees greater partnership with Qatar than is apparent

Turkey's commercial gains from its partnership with Qatar have been modest and the media fanfare over fresh bilateral accords is hard to comprehend.

General view of the Gulf Cooperation Council (GCC) summit in Mecca, Saudi Arabia, May 30, 2019. Picture taken May 30, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC14404B7D30

Concerns over finances, not Iran, will end Qatar crisis

Citizens of Gulf States leading the embargo against Qatar are having to make economic sacrifices while their leaders continue their "ill-advised" and "unsupervised" spending.

Palestinian Authority, UAE may be ready to reconcile

Palestinian President Mahmoud Abbas is preparing to visit the UAE after years of estrangement to offer condolences for a death in the ruling family and perhaps to pursue other goals.

United Arab Emirates

Riyadh agreement neglects Yemen’s 'manmade' humanitarian crisis

Since the Saudi-led coalition intervened against Houthis in Yemen in 2015, both warring sides have deliberately targeted medical facilities, while few if any projects are being carried out to revive the health care system in a country where millions are suffering.

East Yemen former ruling dynasty calls to revive Mahra Sultanate

Amid Saudi Arabia’s growing military influence over the easternmost corner of Yemen, Al Mahrah’s former ruling dynasty wants independence.

Visitors walk next to an Airbus A380, showing a picture of United Arab Emirates's Former President Sheikh Zayed bin Sultan al-Nahayan during the Dubai Airshow in Dubai, United Arab Emirates November 13, 2017. REUTERS/Satish Kumar - RC131063B650

Dubai's aviation boom in question as airshow kicks off

The profitability of UAE airlines is on the decline as Dubai Airshow 2019 kicks off.

United Arab Emirates

Riyadh Agreement divides Yemenis in Sanaa

Civilians in Sanaa feel frustrated at the Riyadh Agreement recently signed between the main partners of the Saudi-led coalition that will unite them against the Houthis.