United Arab Emirates - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

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United Arab Emirates

May 2, 2026

Abu Dhabi 4:36 am

28°C

GIUSEPPE CACACE/AFP via Getty Images

Analysis

UAE’s OPEC exit rattles cartel as Gulf alliances shift

OPEC's fourth-largest producer will leave the cartel on May 1, marking the most significant departure in the group’s history as the war changes Abu Dhabi's relationship priorities.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Why UAE's decision to leave OPEC is major shift for cartel

MUMEN KHATIB/AFP via Getty Images

United Arab Emirates

First LNG tanker transits Strait of Hormuz since Iran war began

Yuichi YAMAZAKI / AFP via Getty Images

UAE to leave OPEC on May 1

Thomas Kronsteiner/Getty Images)

United Arab Emirates

UAE’s cash request tests US ties as Iran war strains Gulf financial muscle

A view of Dubai Marina in Dubai on March 3, 2026.

United Arab Emirates

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

Lebanese Shi'ites, who said they were forced to leave United Arab Emirates last year because of purported security reasons, hold banners during a protest to demand for their rights, in front of the UAE embassy in Beirut May 5, 2010. REUTERS/Sharif Karim (LEBANON - Tags: CIVIL UNREST POLITICS SOCIETY EMPLOYMENT BUSINESS)

Lebanese Living in UAE Fear Deportation

Due to alleged security concerns, the United Arab Emirates has adopted a policy of deporting many of the nation’s Lebanese expatriates, causing both economic and emotional hardship, writes Nasser Chararah.

United Arab Emirates