The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity

Author: Anas AbdounPublished on: April 29, 2026Country: United Arab Emirates

PoliticsBusiness & Economy

The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity

The UAE's withdrawal from OPEC, effective May 1, 2026, signifies a deep regional rupture between Riyadh and Abu Dhabi. This fracture, exacerbated by Saudi airstrikes on an Emirati weapons convoy in Yemen in December 2025, reveals incompatible visions of Gulf order. Tensions surrounding ADNOC's production quotas also played a role in this decision.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Madagascar detains French ex-serviceman over alleged destabilisation plot

PoliticsMadagascar

aljazeera.com•3m ago

Madagascar detains French ex-serviceman over alleged destabilisation plot

Madagascar has detained former French serviceman Guy Baret over an alleged plot to destabilise the island. Deputy Prosecutor Nomenarinera Mihamintsoa Ramanantsoa stated that Baret is in pretrial detention at Tsiafahy prison. Malagasy army officer Colonel Patrick Rakotomamonjy and other alleged accomplices are also implicated, facing charges of criminal conspiracy and spreading false information. Authorities claim the group had planned actions for April 18.

Hungary’s new PM races to unlock EU’s frozen funds

PoliticsBusiness & EconomyHungary

aljazeera.com•4m ago

Hungary’s new PM races to unlock EU’s frozen funds

Hungary’s incoming Prime Minister Peter Magyar has traveled to Brussels, hoping to unfreeze billions of euros that the EU blocked under Orban's government. With an August deadline looming, he is pushing to pass key reforms before Hungary permanently loses the funds. Al Jazeera reported that Magyar is under pressure to act swiftly.

FOIP at 10: Bridging the Indo-Pacific and the Middle East

PoliticsBusiness & EconomyJapan

Naoto Hisajima•4m ago

FOIP at 10: Bridging the Indo-Pacific and the Middle East

Ten years ago, Prime Minister Abe advanced the vision of a Free and Open Indo-Pacific (FOIP), recognizing that this region would become the center of global development. Today, Japan is adapting FOIP to new challenges, emphasizing economic security and building resilient supply chains. Japan also stresses the importance of ensuring free and safe navigation through the Strait of Hormuz, a strategic point for global logistics.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more