The United Arab Emirates has announced its withdrawal from both OPEC and OPEC+.
The decision, effective May 1, 2026, was outlined in an official statement by the UAE Ministry of Energy and Infrastructure, which said the move reflects the country’s evolving long-term economic strategy and energy priorities. It follows a comprehensive review of production policy, capacity outlook, and national interests.
The exit comes against the backdrop of heightened geopolitical tensions, including the ongoing conflict involving Iran, which has exposed divisions within the Gulf region. UAE officials expressed dissatisfaction with what they see as inadequate political and security support from regional allies during recent attacks linked to the conflict.
Diplomatic adviser Anwar Gargash indicated that expectations of solidarity within the Gulf bloc had not been met, underscoring growing frustration within Abu Dhabi over the response of partner states.
Despite its withdrawal, the UAE signalled that it will continue to play an active role in global energy markets. The government said future production decisions will be guided by market stability, global supply and demand dynamics, and the country’s commitment to long-term energy transition goals.
The UAE also reiterated its intention to maintain cooperation with international partners, highlighting more than five decades of engagement within OPEC since joining in 1967 through Abu Dhabi. Officials described the move as a strategic evolution rather than a retreat from global market responsibilities.
The withdrawal is expected to have far-reaching implications for oil markets, as the UAE is one of OPEC’s largest producers with significant spare capacity. Analysts say the move could reshape production dynamics within the alliance and potentially weaken coordinated output strategies.
The development adds to uncertainty in global energy markets already strained by supply disruptions and geopolitical risks, particularly around key transit routes such as the Strait of Hormuz.
