UAE exit from OPEC signals closer alignment with US interests, experts say

Author: Megha BahreePublished on: May 1, 2026Country: United Arab Emirates
PoliticsBusiness & Economy
UAE exit from OPEC signals closer alignment with US interests, experts say

The United Arab Emirates' exit from OPEC, effective May 1, 2026, is seen as an opportunity for the United States to reduce the oil cartel's pricing power. The UAE has expressed frustrations over OPEC production quotas that limit its ability to increase output. As global oil demand rises, the UAE is ready to supply higher volumes, which could lead to lower oil prices.

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