The threat posed by Iran should be drawing Gulf leaders closer together. Instead, the United Arab Emirates’ departure from the OPEC+ oil cartel only highlights the disunity of the Sunni Arab monarchies. Vast wealth does not guarantee regional cohesion. The reasoning behind Abu Dhabi’s split may seem economic on the surface. The UAE wants to […]
The UAE’s OPEC departure is more about politics than economics
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Story Timeline
Tue 12:56 - La Libre (BE)
The United Arab Emirates announces its withdrawal from OPEC in May
Tue 12:56 - La Libre (BE)
United Arab Emirates announces withdrawal from OPEC: “They are totally stuck”
Tue 13:07 - El Mundo (ES)
United Arab Emirates announces its withdrawal from OPEC on May 1 due to the Strait of Hormuz crisis
Tue 13:56 - Le Figaro
Oil: the United Arab Emirates announces its withdrawal from OPEC from May
Tue 15:55 - BBC Headlines
Faisal Islam: Why the UAE's exit from Opec is a big deal
Tue 16:32 - Bloomberg
UAE to Leave OPEC in May as Iran War Reshapes Oil Market - Bloomberg
Tue 16:40 - LiveNOW from FOX
What is OPEC? And why UAE said it's exiting - LiveNOW from FOX
Tue 18:47 - Tagesschau
What consequences the UAE's withdrawal from OPEC may have
Tue 20:26 - The Desert Sun
What UAE’s OPEC exit could mean for California drivers - The Desert Sun
Tue 21:54 - WSJ
Why the U.A.E. Broke Up With OPEC - WSJ
Tue 22:32 - The Conversation
UAE’s OPEC exit has been long in the works – and may mark the beginning of a Gulf realignment - The Conversation
Tue 23:00 - Atlantic Council
‘A long time coming’: How to understand the UAE’s decision to leave OPEC - Atlantic Council
Wed 04:15 - CNBC
UAE's departure from the OPEC oil cartel is not without precedent. Who could be next? - CNBC
Wed 07:07 - Die Welt
“Policy that will make the United Arab Emirates more independent”
Wed 08:53 - SRF Wirtschaft
Exit from the oil cartel – What does the UAE's exit mean for OPEC?
Wed 09:15 - Reuters
Russia says UAE's exit from OPEC will increase global production, bring down oil prices in future - Reuters
Wed 11:09 - DW.com
Why UAE's OPEC exit is a blow to Saudi Arabia - DW.com
Wed 11:22 - Al Jazeera English
The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity
Wed 12:42 - Fox Business
What a UAE exit from OPEC means and why it matters - Fox Business
Wed 13:08 - Financial Times
UAE’s Opec exit will drive down oil prices, warns Moscow
Thu 02:52 - Rzeczpospolita (PL)
Donald Trump: The US may withdraw some troops from Germany
Thu 02:52 - Rzeczpospolita (PL)
Friedrich Merz's dispute with Donald Trump may end with the withdrawal of US troops from Germany
Thu 10:00 - Washington Examiner
The UAE’s OPEC departure is more about politics than economics