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United Arab Emirates

April 29, 2026

Abu Dhabi 8:46 am

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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.

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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)

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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

Palestinian President Mahmoud Abbas (L) holds a news conference after a meeting with European Union foreign policy chief Federica Mogherini in Brussels, Belgium, March 27, 2017. REUTERS/Yves Herman - RTX32WQI

Abu Mazen plays losing hand badly in Gaza Strip

The Palestinian president faces a challenge from a bitter rival backed by Egypt and the United Arab Emirates; what is Saddam Hussein’s family doing in Qatar?; Russia and the United States wary of Turkish military intervention in Syria.

People shout slogans as they hold Turkish and Qatari flags during a demonstration in favour of Qatar in central Istanbul, Turkey, late June 7, 2017. REUTERS/Murad Sezer - RTX39JA6

How Turkey fits into the Qatar puzzle

Turkey's military presence in Qatar seems to be complicating an already complex situation for the coalition that recently cut ties with Doha.

Mohammed Dahlan, a former Fatah security chief, gestures in his office in Abu Dhabi, United Arab Emirates October 18, 2016. Picture taken October 18, 2016. REUTERS/Stringer - RTX2QI8I

The real reason Hamas is flirting with dismissed Fatah leader

Amid reports about Hamas meeting with dismissed Fatah leader and former opponent Mohammed Dahlan in Cairo, questions arise about the lack of transparency and the results of these meetings.

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WASHINGTON, DC - JUNE 27: U.S. Secretary of State Rex Tillerson shakes hands with Qatari Foreign Minister Sheikh Mohammed Bin Abdulrahman Al Thani prior to a scheduled meeting at the State Department June 27, 2017 in Washington, DC. Tillerson and Bin Abdulrahman Al Thani were expected to discuss a range of bilateral issues during their meeting. (Photo by Win McNamee/Getty Images)

Washington talks fail to secure breakthrough in Qatar crisis

Secretary of State Rex Tillerson has been huddling with Gulf diplomats all week, to no avail.

Stakes high for Kuwait as mediator in Qatar crisis

Kuwait has established its neutrality in the Qatari crisis, but it has a lot at stake.

Turkish President Tayyip Erdogan (L) welcomes his Iranian counterpart Hassan Rouhani during the Organisation of Islamic Cooperation (OIC) Istanbul Summit in Istanbul, Turkey April 14, 2016. REUTERS/Berk Ozkan/Pool TPX IMAGES OF THE DAY - RTX29X07

Saudi-led Qatar blockade brings Iran, Turkey together

Rather than forcing Doha to bow to its demands, the Saudi-led blockade of Qatar has split the region in two, bringing together the kingdom’s rivals.

Forces loyal to Syria's President Bashar al-Assad take positions in the Badia, in the southeast Syrian desert, in this handout picture provided by SANA on June 13, 2017, Syria. SANA/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. - RTS16TU2

Iran draws line in the sand in Syrian desert

Iran stakes claim in eastern Syria; Saudi move against Hamas; Qatar risks confrontation in the Gaza Strip.

Tunisia's President Beji Caid Essebsi (R), Qatar's Emir Sheikh Tamim bin Hamad Al-Thani (C) and President of the Assembly of People's Representatives Mohamed Ennaceur attend the opening of international investment conference Tunisia 2020, in Tunis, Tunisia November 29, 2016. REUTERS/Zoubeir Souissi - RTSTT1D

Tunisia can only afford neutrality in Qatar crisis

Tunisia has officially remained neutral in the Qatari-Gulf crisis given its economic relations with the two main parties involved.

Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) receives Iraqi Prime Minister Haider al-Abadi in Jeddah, Saudi Arabia, June 19, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RTS17RRQ

Iraq’s PM concludes tightrope regional tour

Iraqi Prime Minister Haider al-Abadi's tour — which spanned Saudi Arabia, Iran and Kuwait — aimed to maintain regional balances amid discussions on post-IS preparations and regional aid to Iraq.

A demonstrator holds a picture of Eastern Libyan military commander Khalifa Haftar during a protest against the Italian government, which according to the protest organizers, supports the Bonyan Marsous forces that are mainly fighters from the city of Misrata, in Benghazi, Libya, February 12, 2017. REUTERS/Esam Omran Al-Fetori - RTSYBAT

Gazans denounce claims Hamas is training extremists in Libya

Accusations by the spokesman of the forces of retired Maj. Gen. Khalifa Hifter that Hamas has provided technical support to some armed groups in Libya are rebutted and mocked by Palestinians amid a lack of evidence of Hamas’ involvement in the North African country.

Gulf-Qatar crisis leaves its mark on sports

Amid the ongoing diplomatic crisis between Qatar and a number of major Arab nations, the Qatari sports channel beIN has been banned in several countries.

Sudanese President Omar al-Bashir watches the joint Sudan and Saudi Arabia air force drill at the Marwa air base, near Meroe some 350 kilometres north of Khartoum, on April 9, 2017.
The drills were aimed at improving the operational capacities of the two air forces, improving techniques related to air operations and promoting cooperation. / AFP PHOTO / ASHRAF SHAZLY (Photo credit should read ASHRAF SHAZLY/AFP/Getty Images)

Qatar-GCC crisis unsettles Sudan

The government in Khartoum is caught in the middle of the bitter dispute between Qatar and the Gulf Cooperation Council.