BREAKING: The UAE announces it will be leaving OPEC effective May 1st.
— The Kobeissi Letter (@KobeissiLetter) April 28, 2026
This will officially end the UAE's 59-year membership in the organization.
The Iran War is redefining the global energy industry forever. pic.twitter.com/YiQe3mI8Il
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One response to “Will OPEC Survive?”
well, who needs them anyway, they are a conglomerate of Muslim nations who truly hate the west anyway, so, let them break up and set their own pricing structure for oil. the main point of them breaking up I believe, they are fearful of Iran bombing them and this is probably the most logical reason but, in a world of illogical thinking one can only wonder.