UAE leaves OPEC, OPEC+ amid global energy crisis

The decision, confirmed on Tuesday, comes at a time when geopolitical tensions in the Middle East continue to impact global energy markets and trade routes.

UAE announces exit from oil alliance

The UAE government stated that its departure aligns with long-term energy policies and evolving market priorities.

Energy Minister Suhail Al Mazrouei said the move reflects sector-driven developments and remains consistent with broader market fundamentals.

He also acknowledged decades of cooperation with OPEC members, while reiterating the country’s commitment to ensuring stable and responsible energy supplies.

Impact on global oil markets

The UAE’s withdrawal is expected to affect coordination among major oil-producing nations.

As one of the key producers in the alliance, its exit reduces the bloc’s collective influence over output decisions at a time when markets remain volatile.

The move comes amid heightened concerns over disruptions in oil transportation, particularly through the Strait of Hormuz, a critical corridor for global energy shipments.

Energy supply disruptions

The decision follows ongoing tensions involving Iran, which have contributed to instability in oil flows and investor uncertainty.

The regional conflict has raised concerns about the security of key shipping routes, further tightening global supply conditions.

Energy markets have been reacting to these developments, with fluctuations driven by both supply risks and geopolitical factors.

Political reactions

The development has also drawn attention in the United States, where Donald Trump has previously criticised OPEC’s role in influencing oil prices.

He has argued that coordinated production policies have contributed to elevated global prices.

The UAE’s exit has been viewed in the context of broader geopolitical alignments, particularly given its close ties with Washington and its role in regional security dynamics.

Friction within regional alliances

Officials in the UAE have expressed concerns over the level of support received from regional partners during recent tensions.

Diplomatic adviser Anwar Gargash highlighted that while logistical cooperation existed among Gulf countries, political and military backing had been limited.

The remarks point to underlying disagreements within regional groupings, which may have influenced the UAE’s strategic decisions.

What is OPEC?

OPEC is a coalition of oil-producing nations established in 1960 to coordinate production policies and stabilise global oil markets.

The group works to manage supply levels and influence pricing trends.

Following the UAE’s exit, the organisation continues with 11 member countries, including Saudi Arabia, Iraq and Venezuela, among others.