OPEC & United Arab Emirates
44 shared events · Importance 25 · Last updated May 17, 2026
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International
OPEC: The departure of the United Arab Emirates, one of its largest producers, significantly weakens OPEC's control over global oil supplies and prices, potentially leading to disarray and reduced influence in managing oil markets.
United Arab Emirates: The United Arab Emirates' decision to leave OPEC and OPEC+ is a strategic move to gain autonomy over its oil production and foreign policy, potentially increasing its global market share and strengthening ties with the United States and Israel, but also deepening its rift with Saudi Arabia.
Apr 28, 2026 · 222 articles
International
OPEC: OPEC increased its oil production quota for June by 188,000 barrels per day, a move intended to demonstrate continuity after the United Arab Emirates' withdrawal and to support oil market stability.
United Arab Emirates: The United Arab Emirates withdrew from OPEC and OPEC, causing internal fractures within the cartel. Its production will no longer count towards OPEC quotas, and it plans to significantly increase its own output.
May 03, 2026 · 19 articles
International
OPEC: OPEC+ agreed to a modest oil output hike for June, a move designed to signal readiness to raise supplies once the Iran war stops and to show continuity despite the United Arab Emirates's exit.
United Arab Emirates: The United Arab Emirates left OPEC+ on May 1, which analysts view as a blow to OPEC's power, though OPEC+ is pressing on with its output plans.
May 02, 2026 · 31 articles
International
OPEC: The United Arab Emirates' decision to leave the OPEC in late April was partly attributed to its frustration with fellow Gulf states over the Iran conflict.
United Arab Emirates: The United Arab Emirates was the most heavily targeted Gulf state by Iran and sought a coordinated military response from other Gulf nations, which was rejected, leading to strained relations and its withdrawal from OPEC.
May 15, 2026 · 6 articles
International
OPEC: OPEC and OPEC+ are negatively impacted by the United Arab Emirates' decision to quit, exposing discord among Gulf nations and potentially affecting global oil market stability.
United Arab Emirates: The United Arab Emirates announced its withdrawal from OPEC and OPEC+, signaling discord among Gulf nations and impacting global oil exporting groups.
Apr 28, 2026 · 47 articles
International
OPEC: OPEC oil output dropped to its lowest in more than two decades in April, as disruption caused by the near-closure of the Strait of Hormuz forced oil producers to cut exports.
United Arab Emirates: The United Arab Emirates has carried out military strikes on Iran, including an attack on a refinery on Iran — Lavan Island, indicating its direct involvement in the conflict and bearing the brunt of Iranian counterattacks.
May 11, 2026 · 8 articles
International
OPEC: The United Arab Emirates' decision to exit the OPEC allows it to increase oil output and respond more flexibly to market demands, complementing its pipeline expansion.
United Arab Emirates: The United Arab Emirates is doubling its crude oil export capacity bypassing the Strait of Hormuz, reducing its reliance on the chokepoint and increasing its ability to supply markets during conflict. This move also follows its exit from OPEC, allowing it to increase output.
May 15, 2026 · 7 articles
International
OPEC: The United Arab Emirates' decision to leave OPEC is expected to boost its oil output, benefiting importing countries like India.
United Arab Emirates: The United Arab Emirates agreed to a strategic defense partnership framework and energy pacts with India, including potential crude oil storage and LPG supply. It also announced $5 billion in investments in India.
May 15, 2026 · 6 articles
International
OPEC: OPEC and its allies, known as OPEC+, announced they would raise oil output targets by 188,000 barrels per day in June for seven members, marking the third consecutive monthly increase.
United Arab Emirates: The United Arab Emirates is under attack from Iranian missiles and drones, with an oil port set ablaze, posing a direct threat to its security and economy. It has reserved its right to respond.
May 04, 2026 · 15 articles
International
OPEC: The OPEC is affected by the United Arab Emirates' decision to quit the group, which will complicate efforts to balance the oil market through supply adjustments.
United Arab Emirates: The United Arab Emirates announced its exit from OPEC after nearly 60 years, which could allow it to raise oil production once exports restart. This move complicates OPEC's efforts to balance the market.
Apr 02, 2026 · 45 articles
International
OPEC: The United Arab Emirates' exit from OPEC is expected to deal a major blow to the cartel, impacting global oil supply dynamics.
United Arab Emirates: The United Arab Emirates is accelerating the construction of a new oil pipeline to double its export capacity through Fujairah, significantly reducing its reliance on the Strait of Hormuz for oil exports amidst regional tensions.
May 15, 2026 · 20 articles
International
OPEC: OPEC, of which Iran is a member, could see reduced crude exports from Iran due to the United States blockade, although Iran may sustain production by storing oil.
United Arab Emirates: The United Arab Emirates, as a Gulf Arab country, experienced significant crude production losses and a sharp decline in jet fuel exports.
Apr 08, 2026 · 307 articles
International
OPEC: OPEC lowered its forecast for global oil demand growth in 2026 due to the Iran war and the closure of the Strait of Hormuz, impacting its ability to deliver on output increases.
United Arab Emirates: The United Arab Emirates left OPEC on May 1, and its output figures were included in the April OPEC+ crude production data.
May 13, 2026 · 6 articles
International
OPEC: OPEC oil output dropped to its lowest in more than two decades in April due to disruptions caused by the near-closure of the Strait of Hormuz, impacting global oil supply.
United Arab Emirates: The United Arab Emirates reportedly carried out military strikes on Iran, including an attack on a refinery on Lavan Island, indicating its direct involvement in the conflict.
May 11, 2026 · 22 articles
International
OPEC: The United Arab Emirates' decision to leave the OPEC is noted as a sign of emerging strains within the bloc and Abu Dhabi's pursuit of an independent energy policy.
United Arab Emirates: The United Arab Emirates hosted Narendra Modi for strategic talks, signed multiple agreements in energy, defense, and technology, and announced a USD 5 billion investment in India. It has been targeted by Iranian strikes and is navigating complex geopolitical dynamics in West Asia.
May 15, 2026 · 10 articles
International
OPEC: The United Arab Emirates decided to withdraw from OPEC, which could have implications for global oil supply and pricing.
United Arab Emirates: The United Arab Emirates experienced renewed attacks from Iran, causing oil loading at the port of Fujairah to be halted.
Apr 26, 2026 · 104 articles
International
OPEC: The United Arab Emirates' decision to leave OPEC is mentioned in the context of regional tensions, though the direct impact on the current event is minimal.
United Arab Emirates: The United Arab Emirates is a key partner for India in energy security and trade, with discussions during Narendra Modi's visit focusing on deepening their comprehensive strategic partnership and addressing regional issues.
May 12, 2026 · 27 articles
International
OPEC: Iraq is a top OPEC producer, and its oil revenues are central to the financial system affected by the US actions.
United Arab Emirates: The United Arab Emirates has lodged formal protests with Iraq over attacks launched by militias operating from Iraqi territory.
Apr 21, 2026 · 22 articles
International
OPEC: OPEC suffered a blow with the departure of the United Arab Emirates, impacting its ability to control oil production and prices.
United Arab Emirates: The United Arab Emirates announced its departure from OPEC, citing the need for agility to respond to market demands amidst the war-induced shortages.
Apr 27, 2026 · 80 articles
International
OPEC: OPEC+ is considering a larger-than-planned oil output increase in response to geopolitical tensions, aiming to stabilize oil markets.
Feb 28, 2026 · 7 articles
International
OPEC: OPEC agreed to a modest oil output increase, which is unlikely to calm markets amid supply disruptions.
Mar 01, 2026 · 8 articles
International
OPEC: OPEC is losing its third-largest producer, United Arab Emirates, which will weaken its leverage over global oil supplies and prices.
United Arab Emirates: The United Arab Emirates, a key American ally, came under Iranian drone and missile attack, despite a ceasefire.
Apr 22, 2026 · 43 articles
International
OPEC: OPEC+ countries announced an increase in crude production by 206,000 barrels per day in April to mitigate supply concerns arising from the conflict.
Mar 01, 2026 · 6 articles
International
OPEC: OPEC agreed to a modest oil output boost for April, but this is largely insufficient to offset the supply disruptions caused by the Middle East conflict.
Mar 01, 2026 · 42 articles
International
OPEC: OPEC+ agreed to a modest output increase of 206,000 bpd, which is insufficient to offset potential supply losses from the Strait of Hormuz closure.
Feb 28, 2026 · 35 articles
International
OPEC: India is in discussions with the OPEC regarding oil supplies.
Mar 05, 2026 · 6 articles
International
OPEC: OPEC Plus announced an increase in oil production to mitigate the impact of the Middle East conflict on oil prices.
Feb 28, 2026 · 358 articles
International
OPEC: Saudi Arabia and the United Arab Emirates are both members of OPEC, highlighting their economic ties despite the current geopolitical dispute.
Jan 08, 2026 · 6 articles
International
OPEC: Iran is a member of OPEC, and the tariffs could indirectly affect the global oil market, though OPEC's direct role in this event is minimal.
Jan 12, 2026 · 8 articles
International
OPEC: Iran, a member of the OPEC, is a significant oil producer, and disruptions to its facilities could impact global supply.
Mar 02, 2026 · 17 articles
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