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United Arab Emirates

April 29, 2026

Abu Dhabi 10:41 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.

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)

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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

Saudis trumpet Trump

Saudi Arabia gives US President Donald Trump the fully rolled out red carpet treatment in hopes of getting heightened US action against Iran.

Russian Foreign Minister Sergei Lavrov (R) meets with Libyan Prime Minister Fayez Seraj in Moscow, Russia, March 2, 2017. REUTERS/Sergei Karpukhin - RTS115AB

Can Russia, West cooperate on Libya?

Moscow sees an opportunity to engage with Europe to help solve Libya’s crisis, and the US president seems ready and willing to stay out of it.

Libya's Prime Minister Fayez al-Sarraj addresses a joint news conference with European Union foreign policy chief Federica Mogherini (unseen) at the EU Commission headquarters in Brussels, Belgium February 2, 2017. REUTERS/Francois Lenoir - RTX2ZBL2

What, if anything, will come of meeting between Libyan rivals?

The head of Libya's UN-backed government in Tripoli, Fayez al-Sarraj, spoke recently with military strongman Khalifa Hifter in their first-ever meeting, aimed at ending violence and chaos in Libya.

United Arab Emirates

What's behind curious gold traffic between Turkey and UAE?

Gold of almost similar worth has been traded between Turkey and the United Arab Emirates in the first quarter of the year, raising suspicion that some dubious transactions may be underway.

United Arab Emirates

A Delta jetliner (foreground) is de-iced while an American Airlines plane (rear) takes off at Reagan National Airport in Washington January 3, 2014. A heavy snowstorm and dangerously cold conditions gripped the northeastern United States on Friday, delaying flights, paralyzing road travel and closing schools and government offices across the region. REUTERS/Gary Cameron (UNITED STATES - Tags: ENVIRONMENT TRANSPORT TRAVEL) - RTX1711Z

Gulf carriers delight as Congress rakes US airlines over the coals

Lawmakers fault lack of competition for plummeting US customer service; could this affect US airlines' campaign for fairer competition with Gulf carriers?

United Arab Emirates

A man walks on the rubble of houses at the site of a Saudi-led air strike in the Red Sea port city of Hodeidah, Yemen September 22, 2016. REUTERS/Abduljabbar Zeyad - RTSOWXB

Critics say operation to take port could spell more catastrophe for Yemen

As the Trump administration considers providing support for a UAE/Saudi operation to take a Yemeni port, some UN, former US officials warn it could tip Yemen into famine.

An Emirates plane is seen at Lisbon's airport, Portugal June 24, 2016. REUTERS/Rafael Marchante - RTSHVQ6

Congress looks to ground Emirates air route

Lawmakers want US President Donald Trump to cancel planned Europe-US route.

Secretary-General of the Gulf Cooperation Council (GCC) Abdullatif bin Rashid Al Zayani, Kuwait's Foreign Minister Sheikh Sabah al Khalid al Sabah, Qatar's Foreign Minister Khaled al-Attiyah, Oman's Foreign Minister Yusuf bin Alawi bin Abdullah, Saudi Arabia's Foreign Minister Adel al-Jubeir, Bahrain's Foreign Minister Khalid bin Ahmed Al Khalifa and UAE'S Foreign Minister Abdullah bin Zayed Al Nahyan (L-R) pose for a group photo during an extraordinary meeting in Riyadh January 9, 2016. REUTERS/Faisal Al N

Gulf countries take back seat on Syria route

It seems Saudi Arabia is more interested in Yemen than in Syria these days, which explains dwindling Gulf support for Syrian rebels.

A Palestinian man watches a joint press conference by U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, in a coffee shop in the West Bank city of Hebron February 15, 2017. REUTERS/Mussa Qawasma - RTSYU7C

Why Arab leaders cannot replace legitimate Palestinian ones

The Trump-Netanyahu love fest that was broadcast around the world doesn’t bode well for Palestinians or for any possible peaceful breakthrough.

Why GCC has been silent on Trump's 'Muslim ban'

Gulf states have failed to criticize the Trump administration for its recent "Muslim ban" in an attempt to keep the new US administration on their side in light of the economic and security challenge the Gulf region faces.

Incoming Trump administration cabinet secretary nominees including Secretary of State nominee Rex Tillerson (L-R), Central Intelligence Agency (CIA) Director nominee Mike Pompeo and Defense Secretary nominee James Mattis arrive for meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S. January 13, 2017. REUTERS/Jonathan Ernst - RTX2YUEZ

How will Trump’s anti-Muslim Brotherhood inner circle view Qatar?

While Qatar’s support for groups such as Hamas has caused tense ties with the United States in the past, Donald Trump’s presidency could create even more challenges for Qatar.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran.†

Akbar Hashemi Rafsanjani, Chairman of the Assembly of Experts, delivers the opening speech during the biannual meeting of the assembly in Tehran September 22, 2009. REUTERS/Caren Firouz (IRAN POLITICS) - RTR284SA

Will Rafsanjani’s death draw Iran, Egypt farther apart?

As Egypt paid its condolences to the death of former Iranian President Ayatollah Ali Akbar Hashemi Rafsanjani, many observers do not expect Rafsanjani's death to affect the rapprochement attempts between both countries.