{"id":49501,"date":"2026-04-28T15:04:32","date_gmt":"2026-04-28T15:04:32","guid":{"rendered":"https:\/\/ipp-news.com\/?p=49501"},"modified":"2026-04-28T15:04:32","modified_gmt":"2026-04-28T15:04:32","slug":"uae-leaves-opec-and-opec-in-huge-blow-to-global-oil-producers-group","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=49501","title":{"rendered":"UAE leaves OPEC and OPEC+ in huge blow to global oil producers&#8217; group"},"content":{"rendered":"<div>The United Arab Emirates said on Tuesday it quit the Organisation of the Petroleum Exporting Countries (OPEC) and OPEC+, dealing a heavy blow to the oil-exporting groups and \u200btheir de facto leader, Saudi Arabia, at a time when\u00a0the Iran \u200cwar\u00a0has caused a historic energy shock and unsettled the global economy.<\/p>\n<p>The stunning loss of the UAE, a longstanding OPEC member, could create disarray and weaken the group, \u200bwhich has usually sought to present a united front despite internal disagreements over issues ranging from geopolitics to production quotas.<\/p>\n<p>OPEC \u2060Gulf producers have already been struggling to ship exports through the\u00a0Strait of \u200bHormuz, a narrow chokepoint between Iran and Oman through which a fifth of \u200bthe world\u2019s crude oil and liquefied natural gas normally passes, because of Iranian threats and attacks against vessels.<\/p>\n<p>But the UAE exit from OPEC represents a big win for United States\u00a0\u200bPresident Donald Trump, who has accused the organisation of &#8220;ripping off the rest \u200bof the world&#8221; by inflating oil prices.<\/p>\n<p>Trump has also linked US\u00a0military support for the \u200cGulf \u2060with oil prices, saying that while the US\u00a0defends OPEC members, they &#8220;exploit this by imposing high oil prices&#8221;.<\/p>\n<p>The move came after the UAE, a regional business hub and one of Washington&#8217;s most important allies, criticised fellow Arab \u200bstates for not doing \u200benough to protect \u2060it from numerous Iranian attacks during the war.<\/p>\n<p>Anwar Gargash, the diplomatic adviser for the UAE president, criticised the Arab \u200band Gulf response to the Iranian attacks in a \u200bsession at \u2060the Gulf Influencers Forum on Monday.<\/p>\n<p>&#8220;The Gulf Cooperation Council countries supported each other logistically, but politically and militarily, I think their position has been the weakest \u2060historically,&#8221; \u200bGargash said.<\/p>\n<p>&#8220;I expect this weak stance from the \u200bArab League and I am not surprised by it, but I haven&#8217;t expected it from the [Gulf]\u00a0\u200bCooperation Council and I am surprised by it,&#8221; he said.<\/p>\n<p>\u00a0<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The United Arab Emirates said on Tuesday it quit the Organisation of the Petroleum Exporting Countries (OPEC) and OPEC+, dealing a heavy blow to the oil-exporting groups and \u200btheir de facto leader, Saudi Arabia, at a time when\u00a0the Iran \u200cwar\u00a0has caused a historic energy shock and unsettled the global economy. The stunning loss of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-49501","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/49501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49501"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/49501\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}