Fractures rock Gulf alliance as UAE quits OPEC during Iran war - analysis
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Source: The Jerusalem Post
Published: 2026-05-02 04:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Mexico, Iran, Energy, War & Conflict
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Snippet:
The United Arab Emirates announced on Tuesday that it would withdraw from OPEC and OPEC+, ending nearly six decades in the oil producers’ cartel. The move removes the alliance’s third-largest producer just one day before members were set to meet in Vienna, and it comes as the war between Iran and the US-Israeli coalition enters its ninth week.
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