UAE Announces Withdrawal from OPEC and OPEC+ on May 1
The United Arab Emirates (UAE) announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, effective May 1. This decision reflects the UAE's long-term strategic and economic vision and the evolving energy landscape, amidst escalating disputes with Saudi Arabia.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 21:53
- 🔍 Collected: April 28, 2026 at 22:02 (8 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:06 (4 min after Collected)
Central News Agency
(Central News Agency, Dubai, 28th, comprehensive foreign report) The Emirates News Agency (WAM) reported today that the major oil-producing country, the UAE, will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance on May 1.
According to Agence France-Presse, WAM's report stated: "This decision reflects the UAE's long-term strategic and economic vision, as well as its evolving energy landscape."
Associated Press reported that the UAE's announcement comes amid escalating disputes with Saudi Arabia, particularly on economic issues and the war in Yemen. (Compiler: Yang Chao-Yan) 1150428
Stand with facts, every sponsorship is the power to protect press freedom.
Download Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.
(Central News Agency, Dubai, 28th, comprehensive foreign report) The Emirates News Agency (WAM) reported today that the major oil-producing country, the UAE, will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance on May 1.
According to Agence France-Presse, WAM's report stated: "This decision reflects the UAE's long-term strategic and economic vision, as well as its evolving energy landscape."
Associated Press reported that the UAE's announcement comes amid escalating disputes with Saudi Arabia, particularly on economic issues and the war in Yemen. (Compiler: Yang Chao-Yan) 1150428
Stand with facts, every sponsorship is the power to protect press freedom.
Download Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.