Topline
The United Arab Emirates has announced it will no longer be a member of the Organization of the Petroleum Exporting Countries, OPEC, starting May 1 after reflecting on its “long-term strategic and economic vision,” a move that could impact the group’s ability to control the supply of oil and prices around the world.
Tankers are seen at the Khor Fakkan Container Terminal in United Arab Emirates on June 23, 2025.
AFP via Getty Images
Key Facts
This is a developing story and will be updated.
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Source: https://www.forbes.com/sites/maryroeloffs/2026/04/28/united-arab-emirates-leaves-opec-in-favor-of-national-interest/
