UAE Leaves OPEC Amid Growing Tensions With Saudi Arabia, Signaling Gulf Policy Shift

Wed, 29 Apr 2026 04:55:00 +0200

The United Arab Emirates announced its decision to leave OPEC and OPEC+ on April 28, 2026, effective May 1, removing one of the cartel's major oil producers. This exit accounts for roughly 12% of OPEC's total output and diminishes its flexibility in responding to global market fluctuations. The move has been years in the making, reflecting growing tensions and differing priorities between the UAE and Saudi Arabia. While Saudi Arabia relies heavily on high oil prices to fund expansive infrastructure and budgetary goals, the UAE’s more diversified economy allows it to pursue higher production levels and monetize its reserves without the constraints of OPEC quotas. Abu Dhabi’s strategy also appears influenced by recent geopolitical conflicts, including the U.S.-Israel intervention in Iran and competition over regional security issues such as Yemen. By leaving a Saudi-dominated organization, the UAE demonstrates a focus on national interests, strengthening ties with the U.S. and potentiall