UAE exit from OPEC+ to be discussed in detail at June alliance meeting
Business & Economy
April 28, 16:59
The source confirmed that the UAE is leaving OPEC and OPEC+
MOSCOW, April 28. /TASS/. The United Arab Emirates’ exit from OPEC and OPEC+ will be discussed at the next meeting of the alliance’s member states in June, a source familiar with the matter told TASS.
The source also confirmed that the UAE is leaving OPEC and OPEC+.
Earlier, the Emirati state news agency WAM reported that the United Arab Emirates had decided to withdraw from OPEC and OPEC+ starting May 1, 2026.
According to the report, the UAE’s decision to exit OPEC and OPEC+ is in line with the country’s long-term economic strategy.
A ministerial meeting of OPEC+ member states, as well as a session of the OPEC+ Joint Ministerial Monitoring Committee, is scheduled for June 7.