India, April 30 -- UAE announced it'll quit OPEC and OPEC+ from May 1, 2026.

Abu Dhabi is prioritising own production goals & strategic ties with US and Israel.

This signals a broader Gulf realignment after the Iran war.

The United Arab Emirates' decision to withdraw from the Organization of Petroleum Exporting Countries will leave the oil cartel weakened at a crucial time. It also illustrates the ongoing tensions between the UAE and Saudi Arabia, OPEC's largest producer and de facto leader.

The UAE announced on April 28, 2026, that it will depart OPEC and OPEC+, an expanded grouping which includes Russia, on May 1, depriving the groups of their third- and fourth-largest oil producer, respectively.

Though the move may seem abrupt, as...