United Arab Emirates officially withdraws from OPEC after 59 years…
Decision follows brutal Saudi UAE rift over Yemen and production quotas…
Move shatters the “Unified Front” against the US Israeli naval blockade…
Brent Crude surges 4% as “OPEC discipline” evaporates in the middle of a war…
🚨 BREAKING
🇦🇪 UAE IS LEAVING OPEC (THE ORGANIZATION OF THE PETROLEUM EXPORTING COUNTRIES).
NOW, IT WILL HAVE NO LIMITS ON OIL PRODUCTION.
MILLIONS OF BARRELS WILL FLOOD THE MARKET.
LOOKS LIKE SOMETHING EXTREMELY BAD IS COMING… pic.twitter.com/ckHrEyKaTa
— Wimar.X (@DefiWimar) April 28, 2026
UAE SAYS IT QUITS OPEC AND OPEC+ -STATEMENT
UAE SAYS IT WILL LEAVE OPEC AND OPEC+ AS OF MAY 1 – STATE NEWS AGENCY
— *Walter Bloomberg (@DeItaone) April 28, 2026
United Arab Emirates is quitting OPEC after 60 years.
The United Arab Emirates said Tuesday that it would leave OPEC, the Organization of the Petroleum Exporting Countries, which coordinates oil output among leading energy producing nations.
The departure from OPEC will likely lead the UAE to boosting energy output. Although with the Strait of Hormuz closed, it’s not clear how fast any increased production would be able to reach global markets.
“Following its exit, the UAE will continue to act responsibly, bringing additional production to market in a gradual and measured manner, aligned with demand and market conditions,” its state-run news agency said.
In recent years, the UAE’s oil output was the third largest in OPEC, behind only Saudi Arabia and Iraq. While Abu Dhabi had joined OPEC in 1967, the full United Arab Emirates has been a member since its creation as a sovereign nation in 1971.