{"id":2596033,"date":"2026-04-28T09:17:01","date_gmt":"2026-04-28T13:17:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/united-arab-emirates-quits-opec-alliance\/"},"modified":"2026-04-28T09:17:42","modified_gmt":"2026-04-28T13:17:42","slug":"united-arab-emirates-quits-opec-alliance","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/united-arab-emirates-quits-opec-alliance\/","title":{"rendered":"United Arab Emirates quits OPEC alliance"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Funited-arab-emirates-quits-opec-alliance%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2596033&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The United Arab Emirates announced it will leave OPEC and the broader OPEC+ alliance effective May 1, after conducting a review of its production policy and capacity. The UAE said the move is in its national interest and is meant to give it more versatility to respond to market needs, while also supporting its commitments to investors, partners, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-begs-oil-industry-to-lower-prices-as-energy-crisis-looms-report\/\" title=\"Biden Begs ... Industry To Lower Prices As Energy Crisis Looms: REPORT\">global energy markets<\/a>.<\/p>\n<p>OPEC\u2019s role is to coordinate members\u2019 oil production to help stabilize markets and maintain fair prices, but the UAE will no longer be bound by OPEC production-cut agreements that limit it to an average of under 3 million barrels per day. The UAE also indicated it intends to increase production to 5 million barrels per day.<\/p>\n<p>The UAE has been part of OPEC since 1967, and after its departure the alliance will have 11 remaining members, collectively producing about 30% of the world\u2019s oil. The article links the decision to ongoing volatility tied to the Iran conflict, noting that OPEC production has fallen since the U.S. and Israel launched the Iran war and that disruption around the Strait of Hormuz has affected UAE exports.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p>The <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/united-arab-emirates\/\" type=\"post_tag\" id=\"215\">United Arab Emirates<\/a> said on Tuesday it is exiting <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/opec\/\" type=\"post_tag\" id=\"1305\">OPEC<\/a> and the broader OPEC+ as of May 1, marking a major loss for the oil-producing bloc as <a href=\"https:\/\/amzn.to\/3YuVZYV\" >global energy markets remain volatile<\/a> in light of the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/iran\/\" type=\"post_tag\" id=\"100\">Iran<\/a> war.<\/p>\n<p>The UAE said it has participated in the organization for the greater global benefit, but it is leaving the group to focus on internal interests.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4545540\/united-arab-emirates-quits-opec-alliance\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>United Arab Emirates quits OPEC alliance<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4545325\/mamdani-king-charles-visit-new-york-city\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Mamdani and King Charles to attend 9\/11 ceremony in New York City: What to know<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4544549\/charles-goes-to-washington-king-visits-trump-with-special-relationship-at-a-low\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Charles goes to Washington: King visits Trump with \u2018special relationship\u2019 at a low<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p>\u201cThis decision follows a comprehensive review of the UAE\u2019s production policy and its current and future capacity and is based on our national interest and our commitment to contributing effectively to meeting the market\u2019s pressing needs,\u201d the UAE said in a statement to state news. <\/p>\n<div class=\"article-paywall\">\n<p>\u201cDuring our time in the organisation, we made significant contributions and even greater sacrifices for the benefit of all,\u201d the statement continued. \u201cHowever, the time has come to focus our efforts on what our national interest dictates and our commitment to our investors, customers, partners and global energy markets. This is what we will focus on going forward.\u201d<\/p>\n<div style=\"position: relative; width: 100%; height: 0px; padding: 66.7% 0px 0px; overflow: hidden; will-change: transform;\"><iframe loading=\"lazy\" src=\"https:\/\/e.infogram.com\/9f7e7959-0223-42b8-b5f6-3191856ffbff?src=embed&#038;embed_type=responsive_iframe\" title=\"Crude oil prices since Jan 28\" allowfullscreen allow=\"fullscreen\" style=\"position: absolute; width: 100%; height: 100%; top: 0px; left: 0px; border: none; padding: 0px; margin: 0px;\"><\/iframe><\/div>\n<p>The Gulf state first joined the alliance in 1967, seven years after OPEC\u2019s founding. After the UAE leaves, there will be 11 remaining members in the alliance, including Algeria, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, and Venezuela. Together, the bloc controls about 30% of the world\u2019s oil production.<\/p>\n<p>The purpose of OPEC is to \u201ccoordinate\u201d production policies for member countries, which supply a large portion of the world\u2019s oil, to stabilize the market and ensure fair prices. However, some <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/climate-change-irony-restricting-american-oil-and-gas-output-ultimately-harms-environment-report-says\/\" title=\"Climate Change Irony: Restricting American ... and Gas Output Ultimately Harms Environment, Report Says\">major oil-producing countries<\/a> have left or stayed away from the alliance, including Qatar, which left in 2019 after 57 years of membership.<\/p>\n<p>At the time, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/qatar\/\" type=\"post_tag\" id=\"1398\">Qatar<\/a> said its decision would allow it to focus more on natural gas production, but it came after a period of hostility during which some member nations complained that many of OPEC\u2019s decisions were determined by Saudi Arabia.<\/p>\n<p>The UAE said the decision to leave OPEC will allow it to respond to market dynamics with more flexibility. It has also <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=61365\">stated an intent to increase<\/a> its production to 5 million barrels a day. As a member of OPEC, they must adhere to the production cut agreements that limit them to average less than 3 million barrels per day.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4543248\/us-intercepts-sanctioned-iranian-vessel-arabian-sea\/\">US INTERCEPTS SANCTIONED IRANIAN \u2018SHADOW FLEET\u2019 VESSEL IN ARABIAN SEA<\/a><\/strong><\/p>\n<p>Since the United States and Israel launched the Iran war on Feb. 28, OPEC\u2019s production has dropped. Oil production output plunged 44% in the UAE in March, largely due to the fact that it cannot export oil through the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/strait-of-hormuz\/\" type=\"post_tag\" id=\"21488\">Strait of Hormuz<\/a>.<\/p>\n<p>Iran initiated a blockade of the strait in an attempt to pressure the U.S. and Israel in peace negotiations. However, the U.S. then said it would take control of the strait and not allow any tankers to stop at Iranian ports. The chaos in the region has thrown oil markets for a loop, with prices surging and dropping repeatedly in recent weeks.<\/p>\n<p>\u201cWe reaffirm our appreciation for the efforts of both OPEC and the OPEC+ alliance and wish them success,\u201d the United Arab Emirates said.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UAE exits OPEC\/OPEC+ on May 1, citing flexibility as markets stay volatile<\/p>\n","protected":false},"author":4130,"featured_media":2596034,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/04\/uae-crown-prince.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[36468,78728,78729,78727],"class_list":["post-2596033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-energy-policy","tag-opec-3","tag-opec-alliance","tag-united-arab-emirates"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/04\/uae-crown-prince.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2596033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/4130"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2596033"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2596033\/revisions"}],"predecessor-version":[{"id":2596037,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2596033\/revisions\/2596037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2596034"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2596033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2596033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2596033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}