{"id":117618,"date":"2026-04-28T09:51:57","date_gmt":"2026-04-28T12:51:57","guid":{"rendered":"https:\/\/ubirataonline.com.br\/united-arab-emirates-leaving-opec-effective-may-1\/"},"modified":"2026-04-28T09:52:18","modified_gmt":"2026-04-28T12:52:18","slug":"united-arab-emirates-leaving-opec-effective-may-1","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/united-arab-emirates-leaving-opec-effective-may-1\/","title":{"rendered":"United Arab Emirates leaving OPEC, effective May 1"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108298264\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108298264\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000411124\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>The United Arab Emirates announced Tuesday that it will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world&#8217;s largest oil producers. <\/p>\n<p>The UAE&#8217;s shock announcement comes after the Gulf state was the target of Iranian missile and drone attacks for weeks. Tehran&#8217;s blockade of the Strait of Hormuz has also severely constrained the UAE&#8217;s ability to export oil, threatening the foundation of its economy. <\/p>\n<p>&#8220;This decision follows a comprehensive review of the UAE&#8217;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&#8217;s pressing needs,&#8221; the UAE energy ministry said in a statement. <\/p>\n<p>The UAE was the third-largest producer in OPEC in February, behind Saudi Arabia and Iraq. It joined OPEC in 1967, seven years after the organization was established.  <\/p>\n<p><strong>This is breaking news. Please refresh for updates.<\/strong><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/04\/28\/uae-opec-oil-iran.html\">Source link <\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The United Arab Emirates announced Tuesday that it will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world&#8217;s largest oil producers. The UAE&#8217;s shock announcement comes after the Gulf state was the target of Iranian missile and drone attacks for weeks. Tehran&#8217;s blockade of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":117619,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow2JLhCw:productID":"","_gspb_post_css":"","maa_idioma":"","maa_pais":"","footnotes":""},"categories":[2725],"tags":[29334,31806,29335,7326,31805,3155],"class_list":["post-117618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","tag-arab","tag-effective","tag-emirates","tag-leaving","tag-opec","tag-united"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>United Arab Emirates leaving OPEC, effective May 1 - Ubirat\u00e3 Online Not\u00edcias - A realidade ao seu alcance!<\/title>\n<meta name=\"description\" content=\"The United Arab Emirates announced Tuesday that it will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ubirataonline.com.br\/en\/united-arab-emirates-leaving-opec-effective-may-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United Arab Emirates leaving OPEC, effective May 1\" \/>\n<meta property=\"og:description\" content=\"The United Arab Emirates announced Tuesday that it will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ubirataonline.com.br\/en\/united-arab-emirates-leaving-opec-effective-may-1\/\" \/>\n<meta property=\"og:site_name\" content=\"Ubirat\u00e3 Online Not\u00edcias - 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