The United Arab Emirates has announced that the country will officially withdraw from the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+) on May 1, 2026. 

In a statement on Tuesday, the country’s ministry of energy and infrastructure said the decision was taken as part of a long-term economic strategy following review of UAE’s production policy amid current energy markets conditions.

“This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets.

“This decision follows a comprehensive review of the UAE’s production policy and its current and future capacity and is based on our national interest and our commitment to contributing effectively to meeting the market’s pressing needs,” the ministry said. 

Tuesday’s announcement followed the aftermath of the weeks-long military standoff involving the United States, Israel and Iran in the Middle East, causing global disruption of the oil and gas markets. 

Retaliatory attacks by Iran on energy infrastructures in the UAE, including on Habshan gas facility in Abu Dhabi has forced the country to reduce production. 

Additionally, OPEC Gulf producers are struggling to export oil and gas through the Strait of Hormuz as Iran continues to limit passage of the waterway despite the ceasefire agreement between the country and the United States of America. 

Meanwhile, the UAE assured that the withdrawal would not affect the country’s commitment to energy market stability. The country also vowed to continue its partnerships with other nations to develop resources.

“Following its exit, the UAE will continue to act responsibly, bringing additional production to market in a gradual and measured manner, aligned with demand and market conditions,” the ministry stated. 

It added “With a large and competitive resource base, the UAE will continue working with partners to develop resources, supporting economic growth and diversification.

“This decision does not alter the UAE’s commitment to global market stability or its approach based on operation with producers and consumers. Rather, it enhances the UAE’ ability to respond to evolving market needs.”