Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group

Rabah Arezki & Tarik M. Yousef argue that the commodity cartel’s weakening grip on the Gulf reflects a broader regional fragmentation.

The UAE announced its withdrawal from OPEC and OPEC+ after three years of deliberation, citing production constraints and shifting energy dynamics.

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group