Why is the UAE quitting OPEC – and what’s the impact?

by | Apr 29, 2026 | World

The decision by the United Arab Emirates comes during the worst global energy crisis of modern times.The United Arab Emirates is quitting OPEC – and the oil-producing bloc is losing one of its most important members.This comes during the worst global energy crisis of modern times, caused by the US-Israel war on Iran, which has hit the UAE hard.So why now – and what’s the impact?Presenter: Mohammed JamjoomGuests:Chris Weafer – CEO at Macro-Advisory strategic consultancyCornelia Meyer – CEO of Meyer Resources and an oil and gas specialistTorbjorn Soltvedt – Associate director at the global risk intelligence company Verisk MaplecroftPublished On 29 Apr 202629 Apr 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

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