Perspective: The UAE has chosen a path of independence and setting its own policy free from the demands of OPEC.

Abu Dhabi’s exit, a summit snub, and public criticism expose a widening Saudi-Emirati split reshaping energy and security coordination.

Its decision is the latest sign that the war in the Middle East has not only deepened animosities between Iran and its Gulf neighbours, but among the Gulf states too. Founded in 1960, Opec is a rare success story among multilateral organisations in the region.

Israel’s military support for the UAE during the Iran war has revealed growing divisions in the Gulf, as the Emiratis forge new and unexpected partnerships.

The United Arab Emirates will leave OPEC next month, in a significant blow to the group that raises questions about its future at a time when the industry is grappling with the massive supply disruption caused by the Iran war. It’s the latest indication of how the conflict is reshaping global energy markets:

There seems to be little movement on the resumption of talks between the U.S. and Iran. There is also almost no movement through the Strait of Hormuz, the vital bottleneck that's essentially cut off 20% of the world's oil and gas supply.

The United Arab Emirates has left OPEC and OPEC+, ending nearly 60 years of membership in a move that challenges Saudi Arabia’s dominance over global oil supply coordination. The decision comes amid the Iran war, a partial closure of the Strait of Hormuz ...