UAE Energy Minister Explains 'Sovereign' Decision To Withdraw From OPEC
The United Arab Emirates has announced it will exit OPEC and the broader OPEC+ grouping next month, calling it a “sovereign decision” driven by national interest and market dynamics. Energy Minister Suhail al-Mazrouei said the move would allow faster decision-making, greater flexibility, and better alignment with investor interests, while insisting it is not politically motivated.
