UAE Announces Exit from OPEC and OPEC+ to Safeguard National Interests

The UAE will leave both OPEC and OPEC+ this Friday, according to an official state statement. Leaders say the move will allow them to focus on long-term strategic and economic goals. Regional tensions have disrupted oil shipments through the Strait of Hormuz, and ties with Saudi Arabia have been strained over production quotas. The UAE energy minister said the decision follows a careful review of current and future output policies. A senior diplomatic adviser also criticised fellow Gulf states for not doing enough to defend the UAE against recent Iranian attacks. The country now aims to pursue its evolving energy strategy independently.

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