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The United Arab Emirates says it's leaving OPEC, in a blow to oil cartel

OPEC+ alliance, countries like Mexico and Russia have also agreed to negotiate with OPEC on production

What are OPEC and OPEC +, and why has the UAE quit?

OPEC and OPEC+? Alongside Saudi Arabia, the UAE is one of the few OPEC members

Faisal Islam: Why the UAE's exit from Opec is a big deal

Opec quotas limited its production to 3-3.5 million barrels per day. Opec membership sacrifices

UAE to quit Opec in blow to oil exporters’ cartel

Opec in blow to oil exporters’ cartel The United Arab Emirates has quit the [Opec

The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity

OPEC and the expanded coalition known as OPEC+, effective May 1, 2026, the immediate reflex

How the UAE’s decision to leave Opec could recast the Middle East

Opec could recast the Middle East The United Arab Emirates’ decision to [walk out of Opec

Iran war: What’s happening on day 61 as UAE exits OPEC?

OPEC after nearly 60 years:** The United Arab Emirates says it will exit OPEC on Friday

As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’

OPEC and OPEC+](/news/2026/4/28/what-are-opec-and-opec-and-why-has-the-uae-quit) effective May 1, a move long rumoured as it chafed against

Gulf leaders meet in Saudi Arabia for first time since start of war on Iran

OPEC and OPEC+](/news/2026/4/28/uae-leaves-opec-and-opec) to focus on “national interests”, dealing ⁠a heavy ⁠blow to the oil-exporting

US gas prices surge to highest level in four years, averaging $4.15 a gallon

Opec oil cartel](https://www.theguardian.com/business/2026/apr/28/uae-quit-opec-oil-exporters-cartel-donald-trump), which has been struggling to clear exports through the strait

Wednesday briefing: Where Starmer stands after another precarious day in Parliament

Opec oil cartel](https://www.theguardian.com/business/2026/apr/28/uae-quit-opec-oil-exporters-cartel-donald-trump) after 60 years of membership, in a heavy blow

How long can Iran survive the US’s Hormuz blockade?

OPEC) and exports 90 percent of its crude oil via Kharg Island for shipping through

Is Iran’s oil storage nearly full – and will it have to cut production?

OPEC) after Saudi Arabia and Iraq and exports 90 percent of its crude oil via [Kharg

US gas prices hit $4.23 high as Hormuz fears drive oil surge

Opec oil cartel, a win for Trump, who has accused the group of “ripping off the rest