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UAE Exits OPEC, Shaking Global Oil Power Balance
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UAE Exits OPEC, Shaking Global Oil Power Balance

  • Cover Media - Shareable
  • Apr 29, 2026
  • Apr 29, 2026 Updated Apr 29, 2026
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The United Arab Emirates has announced it will leave OPEC starting May 1, marking a major shift in the global energy landscape.

As featured on

What is OPEC+ and how does it affect oil prices?

What is OPEC+ and how does it affect oil prices?

The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday.

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