UAE Withdraws from OPEC and OPEC+ Amid Iran War Energy Shock

The United Arab Emirates officially announced its withdrawal from OPEC and OPEC+, dealing a historic blow to Saudi Arabia and the global oil exporting groups. Taking effect on May 1, the move comes as the ongoing US-Iran conflict and the closure of the Strait of Hormuz create historic energy shocks to the global economy.

Date:

Country: United Arab Emirates

Conflict: US-Iran Conflict

Severity: CRITICAL

Source: The Hindu / WAM

View this event on the live war map

ACCESS RESTRICTED

COMPLIANCE VERIFICATION REQUIRED

WAR 3.0 provides real-time open-source intelligence (OSINT) on global conflicts. Due to the sensitive nature of this data and international regulatory requirements, you must verify your eligibility to access this platform.