The End of Gulf Oil Unity? UAE’s Exit and the Fracturing of OPEC’s Political Project
(By Faraz Ahmed) On 28 April 2026, the United Arab Emirates announced its formal withdrawal from both OPEC and the wider OPEC+ alliance, with the exit taking effect on 1 May. The decision ends nearly six decades of Emirati membership in an organisation that has long served as the institutional anchor of Gulf energy diplomacy….