OPEC

UAE vs Saudi Arabia: Is OPEC Exit the Start of a Gulf Power Split?

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UAE vs Saudi Arabia: Is OPEC Exit the Start of a Gulf Power Split?

The UAE’s decision to leave OPEC and OPEC+ from May 1, 2026 has turned a quiet Gulf rivalry into a global oil story. Reuters reported that the move ends nearly 60 years of UAE membership and weakens the producer group at a time when the Iran war has already shaken energy markets. The UAE is … Read more

UAE Leaves OPEC: The Gulf Power Move That Could Change Oil Politics

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UAE Leaves OPEC: The Gulf Power Move That Could Change Oil Politics

The United Arab Emirates’ decision to leave OPEC is not just another oil-market headline. It is a major geopolitical move because the UAE has been a member of OPEC since 1967, and its exit from both OPEC and the wider OPEC+ alliance is set to take effect on May 1, 2026. The announcement immediately raised … Read more