The UAE has announced its decision to withdraw from OPEC and the OPEC+ alliance, with the move set to take effect on May 1, 2026, according to the state news agency.
The decision reflects the country’s long-term economic and energy strategy, as it accelerates investment in domestic production and positions itself for the future of global energy markets. Officials said the move underscores the UAE’s commitment to remaining a reliable and responsible energy producer while adapting to evolving market dynamics.
The announcement follows a comprehensive review of the country’s production policy and future capacity. Authorities indicated that the decision was driven by national interests and the need to respond more flexibly to global demand, particularly amid ongoing geopolitical volatility affecting supply chains.
Recent disruptions in the Gulf region, including tensions around the Strait of Hormuz, have played a role in shaping energy market conditions. At the same time, global demand for energy is expected to continue growing over the medium and long term, adding pressure on producers to adapt their strategies.
While confirming its exit, the UAE expressed appreciation for the role of OPEC and OPEC+ and acknowledged its contributions within the alliance over the years. However, officials said the priority now is to focus on national objectives and meet the expectations of investors, partners, and global markets.
The UAE also reaffirmed its commitment to responsible production policies aimed at supporting market stability, taking into account global supply and demand trends.
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