United Arab Emirates to Exit OPEC and OPEC+ Amid Iran War, Cites ‘Evolving Energy Profile’

Brief by Shorts91 Newsdesk / 07:48pm on 28 Apr 2026,Tuesday International

The United Arab Emirates has said it will leave OPEC and OPEC+ from May 1. The move comes during the ongoing Iran war, which has shaken global energy markets.   In a statement, the UAE said the decision reflects its “evolving energy profile” and long-term plans. It added that it will focus more on domestic energy production.   The country said it will remain a “responsible and reliable” player in global markets. It plans to increase output in a “gradual and measured manner.”   The move also comes amid rising differences with Saudi Arabia on regional and economic issues. (PC: NDTV)

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