With UAE split from OPEC, another oil market churn is in the offing
2 min readApr 30, 2026 06:04 AM IST First published on: Apr 30, 2026 at 06:04 AM IST The United Arab Emirates’ exit from OPEC — a grouping of oil-exporting countries that Abu Dhabi joined in 1967 — will weaken the organisation’s market power. It also brings to the fore the tensions between the UAE and Saudi Arabia that have been simmering for years. Abu Dhabi’s decision seems driven by several considerations. One, the UAE has consistently argued that the OPEC quotas unfairly constrain its output. Second, in Sudan and Yemen, the Saudis and Emiratis have backed competing factions and pursued divergent strategies. Third, the war in Iran appears to have deepened the divide between the two. Among the GCC states, the UAE has borne the brunt of Iran’s attack, and, reportedly, seems to be in favour of a stronger approach against Tehran. It is also closer to Israel. Abu Dhabi’s decision, therefore, is likely to have been driven as much by strategic calculation as by political and economic interests. In the short term, the …


