MOSCOW, April 28. /TASS/. The United Arab Emirates (UAE) announced today that it is withdrawing from OPEC and OPEC+, effective May 1, 2026, the Emirates state news agency WAM reported.

TASS has compiled the main information on the matter.

- The UAE has announced that it is exiting OPEC and OPEC+ effective May 1, 2026, the Emirates state news agency WAM reported.

- According to the agency, the UAE's decision to exit OPEC and OPEC+ "reflects the UAE’s long-term strategic and economic vision and evolving energy profile."

- The decision to exit OPEC and OPEC+ is a sovereign decision of the UAE, based on the country's long-term strategic and economic vision, UAE Energy Minister Suhail Mohammed Faraj Al Mazroui said.