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Why is the UAE Withdrawing from OPEC?

June 9, 2026
On April 28, 2026, the United Arab Emirates announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), ending nearly six decades of membership. This decision, effective from May 1, 2026, marks one of the most significant shifts in global energy markets and international relations in recent years. The move is not merely a change in production policies; it signifies the beginning of the disintegration of traditional alliances in the Middle East and a shift towards a more multipolar, flexible global energy structure centered around national interests. This separation stems from a complex interplay of factors, including the UAE's objectives to diversify its economy, its rivalry with Saudi Arabia, the evolution of its relations with the United States, and security concerns arising from ongoing military conflicts in the region.