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The UAE decision to exit OPEC has been long in the making. The UAE has been quite open about its focus on holistic energy solutions. It also speaks to the UAE worldview and attitudes toward multilateralism which has been under strain in the past few years. The Gulf states... show more

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The UAE energy minister Mazroui on the decision to exit Opec and how it was received

The UAE energy minister Mazroui on the decision to exit Opec and how it was received

عبدالعزيز المقبل

14,511 Aufrufe • vor 3 Monaten

🚨BREAKING: UAE🇦🇪 EXITS OPEC AND OPEC+, OPEC LOSES ITS THIRD LARGEST PRODUCER The UAE announced its withdrawal from OPEC after more than five decades, effective on the 1st of May. The UAE is a founding member, having joined in 1967, four years before the UAE itself was established. The UAE said the move reflects its national interest and its role in meeting market needs at a time when the Strait of Hormuz crisis has disrupted energy flows and kept oil prices elevated, and forecasted higher energy demand in the future. The UAE has ambitions to increase production from 3.4 million barrels per day to five million by 2027, which OPEC quotas would have constrained. The UAE’s decision to leave OPEC and OPEC+ is a fundamental reordering of the global energy market, and a further shift towards multipolarity, with the UAE positioning itself to be at the forefront of meeting rising global energy demand. OPEC has long declined in its geopolitical power, and the UAE has decided to forge its own path with having no limits on increasing production, as the world reels from the energy shock unleashed by the Trump-Netanyahu war of aggression against Iran. The UAE is not the first in the GCC to leave OPEC, with Qatar leaving in 2019. The propaganda headlines you’ll be seeing of a UAE-Saudi conflict over the decision will likely amount to hot air. There will inevitably be short-term energy price instability, but countries around the world will rush to secure deals with the UAE to offset a major economic crisis caused by the war on Iran and the closure of the Strait of Hormuz. The international institutions of old are increasingly irrelevant, and OPEC is widely seen as the organisation of yesterday. The future will likely involve energy institutions and mechanisms within BRICS, to facilitate stable energy prices in a multipolar world. The UAE’s exit from OPEC is just one step closer in that direction. With China and the global south set to drive economic growth this century, the UAE is now well-positioned to benefit from multipolarity, free of production caps, as long-term energy demand will continue climbing, as the nations of the global south develop their economies and increase living standards for their people. My live segment on RT

🚨BREAKING: UAE🇦🇪 EXITS OPEC AND OPEC+, OPEC LOSES ITS THIRD LARGEST PRODUCER The UAE announced its withdrawal from OPEC after more than five decades, effective on the 1st of May. The UAE is a founding member, having joined in 1967, four years before the UAE itself was established. The UAE said the move reflects its national interest and its role in meeting market needs at a time when the Strait of Hormuz crisis has disrupted energy flows and kept oil prices elevated, and forecasted higher energy demand in the future. The UAE has ambitions to increase production from 3.4 million barrels per day to five million by 2027, which OPEC quotas would have constrained. The UAE’s decision to leave OPEC and OPEC+ is a fundamental reordering of the global energy market, and a further shift towards multipolarity, with the UAE positioning itself to be at the forefront of meeting rising global energy demand. OPEC has long declined in its geopolitical power, and the UAE has decided to forge its own path with having no limits on increasing production, as the world reels from the energy shock unleashed by the Trump-Netanyahu war of aggression against Iran. The UAE is not the first in the GCC to leave OPEC, with Qatar leaving in 2019. The propaganda headlines you’ll be seeing of a UAE-Saudi conflict over the decision will likely amount to hot air. There will inevitably be short-term energy price instability, but countries around the world will rush to secure deals with the UAE to offset a major economic crisis caused by the war on Iran and the closure of the Strait of Hormuz. The international institutions of old are increasingly irrelevant, and OPEC is widely seen as the organisation of yesterday. The future will likely involve energy institutions and mechanisms within BRICS, to facilitate stable energy prices in a multipolar world. The UAE’s exit from OPEC is just one step closer in that direction. With China and the global south set to drive economic growth this century, the UAE is now well-positioned to benefit from multipolarity, free of production caps, as long-term energy demand will continue climbing, as the nations of the global south develop their economies and increase living standards for their people. My live segment on RT

Afshin Rattansi

18,021 Aufrufe • vor 4 Monaten

The UAE has announced it will leave #OPEC and OPEC+ effective May 1, marking a notable shift in its long term energy strategy. Amena Bakr , Head of Middle East Energy and OPEC+ at Kpler, provides analysis on the drivers behind the decision and its broader implications for #oil markets. Stay ahead of the market with #Kpler Insight:

The UAE has announced it will leave #OPEC and OPEC+ effective May 1, marking a notable shift in its long term energy strategy. Amena Bakr , Head of Middle East Energy and OPEC+ at Kpler, provides analysis on the drivers behind the decision and its broader implications for #oil markets. Stay ahead of the market with #Kpler Insight:

Kpler

17,079 Aufrufe • vor 4 Monaten

My view with Daniela Cambone-Taub on why the UAE is leaving OPEC: "Due to the US-Israeli war on Iran, the Gulf states are in jeopardy. This incentivizes them to sell more oil now. The UAE wants to pump more oil faster, but OPEC won’t let them do that, so they’re out."

My view with Daniela Cambone-Taub on why the UAE is leaving OPEC: "Due to the US-Israeli war on Iran, the Gulf states are in jeopardy. This incentivizes them to sell more oil now. The UAE wants to pump more oil faster, but OPEC won’t let them do that, so they’re out."

Steve Hanke

16,683 Aufrufe • vor 4 Monaten

The UAE has announced it’s withdrawing from OPEC and OPEC+. Al Jazeera’s Michael Appel outlines the significance of the announcement and its likely impact on the energy market.

The UAE has announced it’s withdrawing from OPEC and OPEC+. Al Jazeera’s Michael Appel outlines the significance of the announcement and its likely impact on the energy market.

Al Jazeera English

25,490 Aufrufe • vor 4 Monaten

With the UAE exit, OPEC has officially lost most influence it still had over global oil markets... Full analysis available exclusively for Analyst Tier members on Patreon ➡️ #opec #crudeoil #geopolitics

With the UAE exit, OPEC has officially lost most influence it still had over global oil markets... Full analysis available exclusively for Analyst Tier members on Patreon ➡️ #opec #crudeoil #geopolitics

Peter Zeihan

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🚨 JUST IN: The UAE has officially been secretly STRIKING IRAN because the mullahs thought it was a good idea to attack their infrastructure UAE has struck Iranian oil capabilities in direct response 🔥 The Gulf nations are uniting with Trump!

🚨 JUST IN: The UAE has officially been secretly STRIKING IRAN because the mullahs thought it was a good idea to attack their infrastructure UAE has struck Iranian oil capabilities in direct response 🔥 The Gulf nations are uniting with Trump!

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"We condemn attacks on UAE, the way UAE has been targeted is not acceptable." - PM Modi during talks with UAE president in Abu Dhabi

"We condemn attacks on UAE, the way UAE has been targeted is not acceptable." - PM Modi during talks with UAE president in Abu Dhabi

News Arena India

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.Treasury Secretary Scott Bessent: "I’m confident on the other side of this the world's going to be awash in oil. The UAE has come out of OPEC. They're going to be pumping more. OPEC just announced that they're going to be pumping more, and the U.S. has record crude deliveries."

.Treasury Secretary Scott Bessent: "I’m confident on the other side of this the world's going to be awash in oil. The UAE has come out of OPEC. They're going to be pumping more. OPEC just announced that they're going to be pumping more, and the U.S. has record crude deliveries."

Rapid Response 47

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How Trump just broke the OPEC, the UAE is walking away from the cartel and a new energy world order is about to begin! Chapters: 0:00 The Exit That Changes Everything 0:53 Why the UAE Walked Away 2:11 The Pipeline That Broke the Cartel 3:02 OPEC Was Already Fractured 5:05 The Global Energy Shock Begins 8:00 The New Power in Oil Markets

How Trump just broke the OPEC, the UAE is walking away from the cartel and a new energy world order is about to begin! Chapters: 0:00 The Exit That Changes Everything 0:53 Why the UAE Walked Away 2:11 The Pipeline That Broke the Cartel 3:02 OPEC Was Already Fractured 5:05 The Global Energy Shock Begins 8:00 The New Power in Oil Markets

Jesús Enrique Rosas

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#WATCH | Abu Dhabi, UAE: Ahead of PM Modi's visit, UAE Minister of State for International Cooperation, Reem Al Hashimy says, "I think especially today, energy is compromised around the world because energy has also been weaponised by the Strait of Hormuz being taken hostage effectively, which is something the international community is also looking to address. By doing so, you are having many people all around the world - including in India, really struggle with basic household needs. That is something that will certainly feature in our conversations tomorrow. But more importantly, it is important to highlight that the UAE has always been, and continues to be, a responsible global player in the energy space which also explains a little bit why the UAE decided to exit OPEC a couple of weeks ago and really the primary reason for that would be that we were not producing to the full potential of what we are able to and particularly at this time when there is such challenges in supply, the UAE wants to be able to continue to play that responsible global partnership role."

#WATCH | Abu Dhabi, UAE: Ahead of PM Modi's visit, UAE Minister of State for International Cooperation, Reem Al Hashimy says, "I think especially today, energy is compromised around the world because energy has also been weaponised by the Strait of Hormuz being taken hostage effectively, which is something the international community is also looking to address. By doing so, you are having many people all around the world - including in India, really struggle with basic household needs. That is something that will certainly feature in our conversations tomorrow. But more importantly, it is important to highlight that the UAE has always been, and continues to be, a responsible global player in the energy space which also explains a little bit why the UAE decided to exit OPEC a couple of weeks ago and really the primary reason for that would be that we were not producing to the full potential of what we are able to and particularly at this time when there is such challenges in supply, the UAE wants to be able to continue to play that responsible global partnership role."

ANI

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UAE leaving OPEC and OPEC+ How will it affect energy markets, and what's next for the alliances of oil-producing nations? RT speaks with Mohammad Al-Sabban, former senior adviser to the Saudi energy minister

UAE leaving OPEC and OPEC+ How will it affect energy markets, and what's next for the alliances of oil-producing nations? RT speaks with Mohammad Al-Sabban, former senior adviser to the Saudi energy minister

RT

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🚨 BREAKING NEWS: UAE to exit OPEC and OPEC+ starting from 1 May After 50+ years as a founding heavyweight, the UAE is walking away from the world's most powerful oil cartel. Official statement via WAM says it's a strategic move for "long-term economic vision" and full production flexibility amid Gulf disruptions. Why this shakes the planet OPEC and OPEC+ control ~40% of global oil output and sets the quotas that literally move the price of every barrel on Earth. Their decisions dictate what you pay at the pump, inflation in your grocery bill, stock markets, airlines, shipping — basically the entire global economy runs on their rhythm.

🚨 BREAKING NEWS: UAE to exit OPEC and OPEC+ starting from 1 May After 50+ years as a founding heavyweight, the UAE is walking away from the world's most powerful oil cartel. Official statement via WAM says it's a strategic move for "long-term economic vision" and full production flexibility amid Gulf disruptions. Why this shakes the planet OPEC and OPEC+ control ~40% of global oil output and sets the quotas that literally move the price of every barrel on Earth. Their decisions dictate what you pay at the pump, inflation in your grocery bill, stock markets, airlines, shipping — basically the entire global economy runs on their rhythm.

Sputnik India

20,639 Aufrufe • vor 4 Monaten

What exiting OPEC means is simple. The UAE is choosing flexibility, speed, and independence to secure energy markets in a more complex world. It means stronger confidence for consumers, faster response to global demand, and a UAE that leads with strategy, not outdated structures.

What exiting OPEC means is simple. The UAE is choosing flexibility, speed, and independence to secure energy markets in a more complex world. It means stronger confidence for consumers, faster response to global demand, and a UAE that leads with strategy, not outdated structures.

Rauda Altenaiji

30,118 Aufrufe • vor 4 Monaten

UAE exits OPEC. Is US Exit from NATO next? The NATO withdrawal prevention act passed in 2023 made it difficult for the President to leave NATO. 👇🏽

UAE exits OPEC. Is US Exit from NATO next? The NATO withdrawal prevention act passed in 2023 made it difficult for the President to leave NATO. 👇🏽

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Prof. Foad Izadi (فواد ایزدی Foad Izadi) | Foreign Policy Expert | American Studies at the University of Tehran: The UAE has decided to become an Israeli-occupied territory - a huge mistake. Israeli companies have a major presence in Dubai & Abu Dhabi, and IDF troops have been stationed on UAE soil. The UAE believes that by being more subservient to the US & Israel than other Gulf states, they'll end up in a better position. They are wrong. Iran will not forget what the UAE has done. Iran has suffered around $250 billion worth of damage. A good portion of that money will come from the UAE, whether they realize it or not.

Prof. Foad Izadi (فواد ایزدی Foad Izadi) | Foreign Policy Expert | American Studies at the University of Tehran: The UAE has decided to become an Israeli-occupied territory - a huge mistake. Israeli companies have a major presence in Dubai & Abu Dhabi, and IDF troops have been stationed on UAE soil. The UAE believes that by being more subservient to the US & Israel than other Gulf states, they'll end up in a better position. They are wrong. Iran will not forget what the UAE has done. Iran has suffered around $250 billion worth of damage. A good portion of that money will come from the UAE, whether they realize it or not.

Clash Report

71,043 Aufrufe • vor 3 Monaten

#WATCH | Abu Dhabi, UAE: In his delegation-level talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan, PM Narendra Modi says, "...We strongly condemn the attacks launched on the UAE. The manner in which UAE has been targetted is not acceptable in any form. We welcome the steps taken by you to uphold national unity, security and regional integrity. For the care provided to the Indian diaspora residing in the UAE in these difficult times, the manner in which they were considered as members of one's own family, UAE Govt, you and Royal Family, I express my heartfelt gratitude." (Video: DD)

#WATCH | Abu Dhabi, UAE: In his delegation-level talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan, PM Narendra Modi says, "...We strongly condemn the attacks launched on the UAE. The manner in which UAE has been targetted is not acceptable in any form. We welcome the steps taken by you to uphold national unity, security and regional integrity. For the care provided to the Indian diaspora residing in the UAE in these difficult times, the manner in which they were considered as members of one's own family, UAE Govt, you and Royal Family, I express my heartfelt gratitude." (Video: DD)

ANI

27,530 Aufrufe • vor 3 Monaten

Senator Chris Van Hollen: We are witnessing a humanitarian disaster in Sudan. RSF has been a particularly murderous group. In fact, it's the only party to this conflict that the United States government has determined is committing genocide in Sudan. The primary supporter of the murderous RSF has been the United Arab Emirates, the UAE. And we need to make it clear to the UAE that we will not tolerate them fueling these massacres, this genocide. I, along with 20 of my colleagues, have been urging Secretary Rubio and the Trump administration to say that we're going to pause U.S. arms sales to the UAE, so long as they are arming this murderous, genocidal group, the RSF.

Senator Chris Van Hollen: We are witnessing a humanitarian disaster in Sudan. RSF has been a particularly murderous group. In fact, it's the only party to this conflict that the United States government has determined is committing genocide in Sudan. The primary supporter of the murderous RSF has been the United Arab Emirates, the UAE. And we need to make it clear to the UAE that we will not tolerate them fueling these massacres, this genocide. I, along with 20 of my colleagues, have been urging Secretary Rubio and the Trump administration to say that we're going to pause U.S. arms sales to the UAE, so long as they are arming this murderous, genocidal group, the RSF.

Clash Report

16,001 Aufrufe • vor 22 Tagen

INTERVIEW: The UAE was dragged into a war it never wanted, and despite being a close trading partner with Iran, it was attacked more than any other nation The outcome? Pulling out of OPEC, closer cooperation with the U.S. and Israel, and a visit by the Crown Prince to China UAE Prof Abdulkhaleq Abdulla also warned the war is not over: “There’s a 50% chance the war resumes” We discuss how a resumption of the war would look like, how the UAE is preparing for such an event, and most importantly: What the region will look like once the war ends Abdulkhaleq Abdulla - U.S. -Israel war, not UAE’s choice - Gulf’s history of wars and UAE resilience - UAE-U.S. relationship and self-defense strategy - Iran as UAE’s top security threat - Why Iran is viewed as an enemy of the UAE - Why UAE was attacked more than others - Dubai/UAE as a global hub and symbolic target - Blame for the war: Iran vs. U.S. - Was going to war the right decision? - Military results of the 40-day war - UAE defense diversification beyond the U.S. - China vs. America in UAE strategy - UAE-Iran trade relationship - UAE leaving OPEC and the “new UAE” - Risk of a second round of war with Iran

INTERVIEW: The UAE was dragged into a war it never wanted, and despite being a close trading partner with Iran, it was attacked more than any other nation The outcome? Pulling out of OPEC, closer cooperation with the U.S. and Israel, and a visit by the Crown Prince to China UAE Prof Abdulkhaleq Abdulla also warned the war is not over: “There’s a 50% chance the war resumes” We discuss how a resumption of the war would look like, how the UAE is preparing for such an event, and most importantly: What the region will look like once the war ends Abdulkhaleq Abdulla - U.S. -Israel war, not UAE’s choice - Gulf’s history of wars and UAE resilience - UAE-U.S. relationship and self-defense strategy - Iran as UAE’s top security threat - Why Iran is viewed as an enemy of the UAE - Why UAE was attacked more than others - Dubai/UAE as a global hub and symbolic target - Blame for the war: Iran vs. U.S. - Was going to war the right decision? - Military results of the 40-day war - UAE defense diversification beyond the U.S. - China vs. America in UAE strategy - UAE-Iran trade relationship - UAE leaving OPEC and the “new UAE” - Risk of a second round of war with Iran

Mario Nawfal

545,138 Aufrufe • vor 4 Monaten

UAE President Sheikh Muhammad bin Zayed, in a message to the UAE's enemies: The UAE is attractive; it is beautiful. The UAE is a model. But do not be misled by the UAE's appearance. The UAE has thick skin and bitter flesh - we are no easy prey.

UAE President Sheikh Muhammad bin Zayed, in a message to the UAE's enemies: The UAE is attractive; it is beautiful. The UAE is a model. But do not be misled by the UAE's appearance. The UAE has thick skin and bitter flesh - we are no easy prey.

Joe Truzman

14,154 Aufrufe • vor 5 Monaten