The United Arab Emirates\u2019 decision to leave a global cartel of major oil-exporting countries is seen to reflect a widening fracture within the Gulf Cooperation Council (GCC).<\/p>\n
The country joined the group in 1971, though one of its emirates \u2013 Abu Dhabi \u2013 joined in 1967.<\/p>\n
The UAE\u2019s Ministry of Infrastructure said in a statement that the decision was based on the country\u2019s national interests and its commitment to meeting global market demand. The UAE is one of the world\u2019s biggest oil producers and exporters.<\/p>\n
The decision follows the departures of several other Opec members in recent years. Qatar terminated<\/a> its membership in 2019, while Ecuador officially withdrew<\/a> a year later and Angola left<\/a> in 2024.<\/p>\n Sun Degang, director of the Centre for Middle Eastern Studies at Fudan University, said the UAE\u2019s exit from Opec showed that \u201cthe cohesion of the GCC has encountered serious problems\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"The United Arab Emirates\u2019 decision to leave a global cartel of major oil-exporting countries is seen to reflect…\n","protected":false},"author":2,"featured_media":90026,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[2329,31856,270,383,262,19548,2215,2214,34,35,181,1873,39,271,50,272],"class_list":{"0":"post-90025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-persian-gulf","8":"tag-abu-dhabi","9":"tag-angola","10":"tag-bahrain","11":"tag-beijing","12":"tag-china","13":"tag-ecuador","14":"tag-fudan-university","15":"tag-gulf-cooperation-council","16":"tag-iran","17":"tag-kuwait","18":"tag-oman","19":"tag-opec","20":"tag-persian-gulf","21":"tag-qatar","22":"tag-saudi-arabia","23":"tag-united-arab-emirates"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116490338529037481","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/90025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=90025"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/90025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/90026"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=90025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=90025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=90025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}